Campus News

No-Loans Announcement Makes National Headlines

Story posted January 23, 2008

Bowdoin's announcement that it will eliminate loans in financial aid packages is making national headlines. The College announced January 18, 2008, it will replace loans with grants for all new and current students receiving financial aid beginning with the 2008-09 academic year.

In the January 24, 2008, edition of USA Today, Bowdoin's no-loans announcement is mentioned in a front page article regarding college endowments. Read the USA Today article here.

Bowdoin's no-loans announcement and endowment performance were also part of an article in The Chronicle of Higher Education's January 24, 2008, edition featuring several quotes from President Barry Mills. Read the Chronicle of Higher Education article here.

News of the College's decision to eliminate loans in its financial aid packages has also been carried by other national media outlets, including Bloomberg, Inside Higher Education and University Business.

Read the College's no-loan announcement here.

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