Grinnell University Eliminates Figuratively speaking responding so you can COVID-19-Associated Economic Stresses
Just like the very early eighties, the college has experienced a would really like-blind admissions policy, that’s when a keen applicant’s capacity to buy their education will never be a factor in the fresh new entry choice. But when COVID-19 ravaged the nation – plus the globe – authorities said they realized it must be certain that college students and you will household will be out of the way.
They convened desire organizations and found figuratively speaking were still a beneficial fundamental supply of worry for students, even-up to help you ten years when they graduated
New college’s leadership discerned they had spent more $10 million on spring to locate people through the pandemic shutdown.
“No-one very understands the length of time so it pandemic is about to history,” told you Dr. Anne Harris, president off Grinnell College, that is concerned about the latest pandemic and its ongoing financial impact. She told you she is especially worried about the pandemic might apply to current and you will upcoming students’ access to advanced schooling. (more…)