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Big student debt in unexpected places

Don’t let the big price tags nix an application to Harvard or Yale. The average student receiving financial aid on those campuses paid about a quarter of the public sticker price and most graduates leave their ivy-covered quads with smaller debts than peers who attended less prestigious schools.

$250 million gift to Kentucky college withdrawn

A small Kentucky liberal arts college lost out on one of the largest gifts in U.S. higher education history when the $250 million donation was withdrawn, school officials said Monday.