For a lot of students and parents, college costs are about to get much more confusing. In recent months, some of the wealthiest and most prestigious schools in the country have made their financial aid more generous. Many have replaced loans with grants — money that doesn’t have to be repaid. Others are capping costs at a certain percentage of family income. So far, only a relative handful of colleges are taking these steps — about 50 out of the nation’s more than 2,500 four-year colleges. read more
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