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The borrowers, which include Harvard, Princeton and Yale, benefit from a “prestige premium”
Catch up on global daily news
Compelling long reads
Tune into captivating conversations
Watch engaging short films
Curated news, direct to your inbox

The slow demise of the swim test

Since 1913, even default has been more common

Under pressure, America’s oldest university may make a deal

A furore over student debt renews debates about dud degrees

Tax systems are more progressive than you think

Its humbling could raise borrowing costs