Michael Wilner broke the story at the CI:

“At its annual retreat this week in Newport Beach, Claremont McKenna College’s Board of Trustees opted to replace student loans with scholarship grants, joining a small group of elite colleges who can afford to do so. Current students returning to CMC in the Fall will have grants in place of loans, and all packages will henceforth be strictly scholarship and grant money.”

Basically, current loans must still be paid off, but in the future, all aid packages will include no loans, just grants.

It was barely after 5 pm, and CNN had announced no surprises (“Romney Wins Massachusetts!” “Obama wins Illinois!”), but CMC students were steadily arriving with their laptops and to-go boxes from Collins. They were coming to The Hub to see the makeshift projection TV and watch Wolf Blitzer at the Super Tuesday Results Party hosted by the Claremont Political Union.

The Claremont Political Union was created as a confluence of the Claremont Democrats and Claremont Republicans clubs, and CMC’s two partisan newspapers, the Claremont Port Side, and the Claremont Independent.