<p>OK, Mini, who ARE the beneficiaries of Princeton's policy of doing away with loans?</p>
<p>I've wondered about this policy - has it merely shifted ALL the burden onto the parents (at least in the case of the middle class) so that a student in the past who borrowed $15 to 20,000 now has parents borrowing that? Parents must still meet the family contribution. Does the policy mean that Princeton does not administer Stafford loans and parents turn to the more expensive PLUS loans (or home equity)?</p>
<p>I'm not saying it's a bad idea to shift the burden to the parents (we can always escape the debt by dying), I just wonder if there's more to this than is revealed by a press release.</p>