Novicoff: Dartmouth didn’t reduce also 50 % of figuratively speaking to possess undergraduates

Novicoff: Dartmouth didn’t reduce also 50 % of figuratively speaking to possess undergraduates

Basic, Dartmouth needs to end obsessing more its effect off “shown you desire,” that’s demonstrably maybe not real if a huge selection of children try showing he’s way more you need if you take away loans

When you’re Dartmouth becomes shining visibility regarding “eliminating student loans to possess undergraduates,” upcoming students usually scholar in just twenty seven% faster obligations compared to the Category of 2021.

Dartmouth undergraduate college students cannot once more enjoys college loans – or at least that’s what you would imagine studying past month’s headlines.

The trouble with the help of our headlines is that they are mistaken – completely wrong also. Certain Dartmouth students usually continue to have money this season. Some Dartmouth students can get funds the coming year. The class off 2026 get college loans. Under the revealed rules, all class that may ever before scholar in the University tend to nonetheless has actually hundreds of people graduating that have college loans.

According to Dartmouth’s newest numbers, 34% of the Class of 2021 took out student loans, with an average loan amount of $23,217. That puts the total debt of the graduating class of 1,144 students at $9,030,484 from the 384 students who took out loans. (suite…)

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