‘How can I ever repay you?: Catholic colleges and the student loan crisis

February 11th, 2014 by 
Lynne Myers

Lynne Myers, director of financial aid at the College of the Holy Cross, is featured in the cover story of the February issue of U.S. Catholic Magazine.  Myers discussed how one of the College’s top priorities is making a Holy Cross education accessible and affordable for low-income students.

Holy Cross started an initiative six years ago to offer free tuition to Worcester students who were accepted to the College if their family income was under $50,000. Myers explained these families were already essentially receiving free tuition once their aid package has been added up, but that was being lost in complicated piles of paperwork. “Financial aid has so many details that people get lost in the data,” explains Myers. “It’s much easier to say, ‘If your family income is under $50,000, you will be able to come here and receive a free education.’”

While some debt may be necessary for students and their families, Myers tells students that a college education will pay off, especially if they’ve borrowed smartly. “Your education is a benefit that never stops,” she says. “Your degree will never expire. Your education is going to give back to you for the rest of your life.”

This “Holy Cross in the News” item is by Sara Bovat ’14.

For additional information, please contact Cristal Steuer at 508-793-2419.

| More
Tags
Categories
In The News, News

Comments are closed.

Sort By:
or
01/28/15 Holy Cross Events Build Jewish-Christian Connections
01/26/15 Galician Bagpiper Cristina Pato Headlines Arts Transcending Borders’ Spring Program
01/26/15 Weather Notification for the Holy Cross Community
01/26/15 ‘At MLK event, Holy Cross student leaders are urged to listen, build bridges’
See All
See All

Featured Videos

See video
Video, Photo Gallery: Christmastime at Holy Cross is a Sight to See

Watch Video >
See video
Video: What is CreateLab?

Watch Video >
See video
Student Video Profile: Oswaldo Subillaga ’16

Watch Video >
More

What’s Happening on Campus

01/28/2015

Opening Reception for 'Pulse: New Work by Faculty Artists'

See More >
02/02/2015

Holy Cross to Host Panel on Urban Education and Accountability

See More >
02/03/2015

First Tuesday Lunch Concert

See More >
02/09/2015

Video installation by Georgie Friedman: Opening Reception

See More >
More

Holy Cross in the News

01/07/15

‘Rinklin alters perceptions in a new show at Zevitas Gallery’

Boston Globe | WBUR (Boston's NPR station)

Cristi Rinklin, associate professor and chair of the visual arts department  at the College of the Holy Cross, received a glowing review from the Boston Globe and WBUR for...

12/19/14

Kiplinger’s Ranks Holy Cross No. 27 ‘Best Value’ Liberal Arts College

Kiplinger’s Personal Finance magazine has ranked the College of the Holy Cross No. 27 among all liberal arts colleges and No. 45 overall among all colleges in the country...

12/17/14

‘Pakistan School Attack: The Symbolism Is Unmistakable’

In his debut piece for WBUR’s Cognoscenti, Mathew Schmalz, associate professor of religious studies at the College of the Holy Cross, writes about the symbolism in the...