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“That’s about a 9 percent increase at a time when we’re all trying very hard to keep our operational budget level,” Donahue said. “I will say we’ve certainly had to come up...
“There have been a lot of parents who have been losing jobs, and people have experienced all kinds of financial hardships that really make it difficult for them to come up with the amount we expected them to contribute,” Donahue said. ?...
eliminating the need for student loans in its aid packages. Instead, students’ financial needs are met with a combination of grant assistance and term-time jobs.
The recent healthcare overhaul included legislation to move away from bank-funded loans toward an expanded direct-lending program run by the federal government. This adjustment was intended to direct $36 billion across 10 years to Pell grants for students from low-income families.
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