Might other private colleges follow Williams College's lead?
Applications for federal aid for college have decreased, so schools and states are looking at ways to get more grants into students' hands.
High school students weigh in on admissions policies and race as the college application season comes to a close.
Students with large loan balances aren't defaulting, but they're not reducing their debt either.
Rising racial tension is one reason for the growth.
Analysts say Republican-led government could roll back regulations.