About 100 mostly liberal arts colleges offer help with loan repayments to graduates
Natalie Dunn works inside a recording studio in Adrian College, Howell, Mich. The college junior says she picked the school for its offer to help with loan repayments.Photo: Melanie Maxwell for The Wall Street Journal
When Natalie Dunn was a senior in high school, she was torn between two colleges—but only one offered anything close to a money-back guarantee.
So she picked Adrian College over the less-expensive Central Michigan University.
The private liberal arts school promised it would cover some or all of her student-loan payments depending on how much she earned after graduation, up to $37,000 a year in salary.