Student Loan Changes Squeeze Historically Black Colleges
By: Hansi Lo Wang
September 26, 2013
Classrooms at some historically black colleges and universities around the country are emptier this semester. Stricter lending requirements for the federal Parent PLUS Loan that began in 2011 have dramatically cut federal lending to parents of HBCU undergrads. While some analysts welcome new limits to parent loans, administrators at HBCUs worry about increased financial pressure from drops in student enrollment.
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