"To make college more affordable, a growing number of colleges and universities have eliminated loans from their financial aid packages. For example, Colby College, a private school in Waterville, Maine, announced in January that it's replacing loans with grants, a move that school officials say will save the average graduate $14,000."

Colby, which is a major sponsor of the Maine International Film Festival, will offer events on campus as part of the weeklong event. MIFF, which opens July 11, is expected to attract about 4,000 people to Waterville. 

In the fundraising race for president, McCain is at a disadvantage. "He's going to have a well-funded campaign, but it will be dwarfed by Obama's campaign," said Anthony Corrado, a campaign-finance expert at Colby College in Maine. "Given that Senator McCain needs to stay competitive, the bundlers will play a more important role in this campaign."

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See also:
National Journal, June 30


Boston Globe, June 30