Megan Tuck is living that pleasant lull between college and career, traveling from her Suitland home to a different Starbucks each day with her laptop to look for a job.
Tuck has no urgent need for a paycheck because she attended Duke University on a full ride. She is among the first beneficiaries of ?no-loan? financial aid, a movement to eliminate the student loan as a fact of life at dozens of the most expensive U.S. colleges.
More than 70 colleges have replaced loans with grants in financial aid awards, at least for their neediest students, a wave of largess that spread nationwide in 2007 and 2008. Now, some of the first students to benefit are graduating, often debt-free.
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Source: http://feeds.washingtonpost.com/click.phdo?i=a1994f9e179a8904517246c54573d19e
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