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Dec 11, 2007

Colleges work to trim costs

Officials at Harvard University want students who dream of going to their school to know it's an affordable option.
But as students struggle to pay for the rising cost of college education, places like Harvard may seem unattainable.
That's why Harvard's president, Drew Faust, recently announced a plan to overhaul the school's financial aid policies.
He wants to make his university more affordable for middle income families through additional grant aid, eliminating student loans and the removal of home equity from the financial aid qualifying process.
Harvard is the latest school to offer a relief plan for students.
This past weekend, Duke University pledged a series of changes to its financial aid process that will ease the burden on the middle class.
To read USA Today's full report click here.

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