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Tag: student loan

University cancels over $700k in student loans for graduates hit by pandemic

Delaware State University is canceling more than $700,000 in student loans for recent graduates hit hard by the Covid-19 pandemic. CNN reports that DSU announced this week it will cancel $730,655 for more than 220 people. “The average eligible student will qualify for about $3,276 in debt relief,” according to the statement from the historically black, public university. “Too many graduates across the country will leave their schools burdened by debt, making it difficult for them to rent an apartment, cover moving costs, or otherwise prepare for their new careers or graduate...

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