<p>No, it really shouldn’t.</p>
<p>Public schools, ‘bargains’, don’t offer 100% fin. aid(at least I don’t know any that do, UVa maybe). So, in actuality Private schools are frequently cheaper options. Trying to place limits upon loans, so that debt doesn’t grow to ridiculous amounts is a good plan. And under a certain point(although I would put it under the Harvard 60,000 mark) there should be a no part expected number, without loans.</p>
<p>However, Vandy isn’t Harvard, no 30+ billion dollar endowment.</p>
<p>Schools should try to lower costs, as those costs have very much outpaced inflation. However, loan-free isn’t neccesarily the option. Rice stands out in this regard, as they have a total cost nearly 10,000 less than most comparable schools.</p>
<p>Vanderbilt should continously try to improve it’s aid, but if they lowered loan caps, and offered aid to more people, it would be better than being loan-free, but also making it harder to qualify for aid IMO.</p>
<p>Vandy should be trying to do it’s best, but loan-free doesn’t mean best.</p>