‘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
02/26/15 ‘Holy Cross Professors and Students Shape Innovative Classroom Experiment’
02/24/15 McFarland Center to Present Free Programs Exploring Christianity’s Role in Society
02/24/15 ‘Look What Happens When A Video Artist’s Virtual Snow Meets Our Winter Of 2015′
02/21/15 ‘Worcester Symphonic Project puts young musicians in spotlight’
See All
See All

Featured Videos

See video
Holy Cross Launches Groundbreaking Web Resource for Exploring Catholic Practice Around the World

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

Watch Video >
See video
Video: What is CreateLab?

Watch Video >
More

What’s Happening on Campus

03/10/2015

'Unclassified: New Music for Bass Clarinet and Marimba'-Transient Canvas Duo

See More >
03/11/2015

Reading - Irish Author Kevin Barry

See More >
03/12/2015

Artist-in-Residence Concert

See More >
03/14/2015

Annual OSI Saint Patrick's Day Festival

See More >
More

Holy Cross in the News

02/18/15

‘Exploring an Institution’s Roots: Board Members Walk in a Saint’s Footsteps’

Trusteeship Magazine

In the January/February issue of Trusteeship Magazine, Rev. Philip L. Boroughs, S.J., president of the College of the Holy Cross, reflects on the pilgrimage he led with a...

02/12/15

‘The best U.S. colleges for a major in English’

USA Today

USA Today reports that the College of the Holy Cross ranks ninth in the top ten places to get an English degree in the U.S. The list, generated from College Factual, is a...

02/12/15

Holy Cross Among Top Producers of Fulbright Students

The Chronicle of Higher Education

The College of the Holy Cross is once again among the liberal arts colleges with the highest number of Fulbright students, according to The Chronicle of Higher Education,...