At many colleges and universities, merit-based scholarships are meant to attract the best and the brightest students. But opponents say they can inadvertently end up rewarding the richest applicants. That’s why some schools have started giving out need-based financial aid only. The PBS News Hour’s Hari Sreenivasan explores how Franklin & Marshall College in Pennsylvania made the jump to improve its economic diversity.

Each week we’ll bring you videos and presentations from the world of student loan finance. We know that there is no single solution for everyone, which is why iontuition.com offers learning modules and live counseling to help you successfully manage your college loans. Even under the most challenging circumstances, we work with students to find repayment plans that work best for each individual borrower. There’s never a one-size-fits-all and, when circumstances change, we’ll be there with you every step of the way.