Why One University Is Sharing the Risk on Student Debt

Why One University Is Sharing the Risk on Student Debt
AP Photo/Michael Conroy, File

Most student financial aid for higher education comes in two forms: loans and grants. As tuition costs have grown, however, both options have had a hard time keeping up—grants are oversubscribed and loans have left college dropouts struggling to pay off debts without any of the financial benefits of holding a degree.

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