LogFAQs > #967536533

I'm sure there's lots of people who went to Harvard who have student loans, but the real issue comes from the next tier(s) down, IIRC. I don't have any first hand experience, but my understanding is that Ivy leagues, and other schools at the top tier are actually very generous with financial aid, because their reputation depends on having the top students, regardless of ability to pay. It's when you get to the schools that don't care (and you don't have to go that far for this, tbqh) that the crisis starts spiraling.

Or at least this was the case a couple years ago.