President Nicole Hurd and Forrest Stuart, vice president for enrollment management were quoted in an Oct. 14 CNBC report about how some of the nation’s top colleges have adopted no-loan policies as the federal government continues to work on student loan forgiveness initiatives.

On Oct. 6, Lafayette announced that, starting with new applicants in the 2024-25 academic year, families with total family incomes of up to $200,000 and typical assets for families in this income group will have their financial need met through grants and work study, without any loans.

“We have a moral obligation to make sure our low- and moderate-income families know that college is the best investment you’ll make in yourself,” Hurd told CNBC.

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