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<p>No they havent. Princeton university and Davidson became the first to eliminate loans from financial aid packages–now * this * is what i call forefront of financial aid. Also, im not refering to just Harvard; in my example, i also said emory, which caps the amount of loans to 15,000 (for the four years of attendance) if your income is between 50,000-100,000; and if your income is below 50,000, they meet your need with grants and no loans.</p>
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<p>Um. Ok. How is that helping more minorities come to the school? Wake forest and USC claim to be need blind and meet 100% of financial need, but do they have good financial aid packages? No.</p>
<p>What Vanderbilt needs to do is either eliminate loans from financial aid packages for low-income students like Harvard, Emory, Duke, and Rice, or cap the loan amount like middlebury college; thats what im talking about.</p>