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Haverford Tackles Loan Debt

Dave_BerryDave_Berry CC Admissions Expert 511 replies2998 threads CC Admissions Expert
"Haverford College recently told a dozen of its recent graduates that it will essentially be picking up the bill for their first year of student loan payments.

The small private liberal arts college outside Philadelphia has informed 12 members of its Class of 2019 that they’ll be the first recipients of a new debt-relief program funded by a dedicated endowment. Sums being paid range from $900 to $1,500 per student, and students will be able to apply for up to two more years of payment relief to ultimately cover up to three years after graduation.

Those sums aren’t huge in comparison to the thousands of dollars a graduating student might owe. Nor is the number of students a particularly large portion of the 318 seniors who walked across the stage at Haverford’s commencement ceremony in May. ...

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