Colgate University is using its billion-dollar endowment to address the issue of college affordability, starting with 600 freshman students this fall.
To tackle the growing burden of student loan debt, the New York-based private liberal arts college earlier launched an initiative called the Colgate Commitment: An Initiative in Access and Affordability that will provide full tuition support for the lowest-income students and more, beginning with about 600 students in the class of 2026.
“We…
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