- Pennsylvania Among 'Terrible 10' Most Regressive Tax States
- February 4 Non-Partisan Training: HOW TO RUN FOR ELECTION BOARD IN 2013: HOW TO RUN FOR COMMITTEEPERSON IN 2014
- Republican Governors Opt-In to Medicaid Expansion
- The Reports of Unions' Death Are Greatly Exaggerated
- Ask Allyson Schwartz to run for Governor
- Mind the gap: Opting Out of Medicaid Expansion Leaves Low-income Families Behind
- Jan. 14 Workshop:HOW TO RUN FOR ELECTION BOARD IN 2013; HOW TO RUN FOR COMMITTEEPERSON IN 2014
- Seth Williams on Guns, Jasmine Rivera on School Closures @PFC Meetup Wednesday
- PA Revenue Strong Midway Through Year; Tax Cut Could Have Big Impact
- What to Make of the Fiscal Cliff Deal?
Penn Eliminates Debt for Lots of Kids
Sometimes something happens that is just really, really cool. Yesterday, Penn did one of those things.
In case you missed it, yesterday's Daily Pennsylvanian reported that Penn is no longer going to make kids with families that make less than $50,000 take out loans. Instead, they get grants only and will graduate with no debt.
This is.... INCREDIBLE.
From the article:
Eligible students -- including those already enrolled at Penn and members of the incoming freshman class -- will not owe the University any money upon graduation. The grants will not necessarily cover all tuition costs for students who qualify, though.
Several of Penn's peer institutions have implemented similar policies providing unconditional financial aid packages to students below a certain income level in recent years.
The change, Gutmann said, will help Penn attract a more economically diverse applicant pool.
"It ... sends the accurate signal that Penn is affordable to students regardless of income," she said.
I think Amy Gutman should run for Mayor! OK, maybe not, but still, this is a wonderful thing. Penn should be seen as an accesible University for high acheiving kids from Philly, regardless of income. Now the trick is, making our public schools good enough so that Philly kids can take advantage of Penn's generosity. Such an easy task!
Either way, this is awesome.