Oh gee oh wow! They’re eliminating disbursement of loans directly to the student. Now the parents can take the loan out in their own names to pay for their child’s education. They fixed the system, we can all go home now.

Wait, wasn’t that essentially what promissory notes were for prior to the department of education originating loans to the student directly?

Hundreds of millions of donor dollars to the endowment are not going to the people. They probably just eliminated some jobs from their financial aid department and are now announcing that they don’t even have the capacity to serve loans to students.

Dartmouth can eat my fafsa.