From The Chronicle: “Nearly half of all undergraduates at Ohio State University take out loans to help pay the costs of attending college, borrowing an average of more than $27,000. Kristina M. Johnson, the new president of the land-grant university, wants to reduce that proportion to zero. Johnson announced a plan on Friday, at her investiture, to reach that goal within a decade. Instead of offering students federal direct loans as part of their financial-aid packages, the university will use a combination of grants, internships, and opportunities to assist with research.”



