BLK ALERTS

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    ‘What’s Happening!!’ Star Shirley Hemphill Helped Rosie O’Donnell Land Her First Paying Gig – Shadow and Act

    June 26, 2022

    Tiffany Haddish Reflects On Growing Up In Foster Care: ‘I Thought I Was Going To Die’ – Shadow and Act

    June 26, 2022

    Marlon Wayans Says A ‘White Chicks 2’ Likely Won’t Happen: ‘That Movie Almost Killed Us’ – Shadow and Act

    June 26, 2022
    Facebook Twitter Instagram
    Facebook Twitter Instagram Vimeo
    BLK ALERTS
    Subscribe Login
    • Home
    • Lifestyle
    • News
    • Crime
    • Entertainment
    • Opinion
    • Sports
    • Politics
    BLK ALERTS
    Home»Education»Morehouse College Launches New Fund To Help Eliminate Student Loan Debt
    Education

    Morehouse College Launches New Fund To Help Eliminate Student Loan Debt

    Kamesha Williams, DIBy Kamesha Williams, DIAugust 13, 2019Updated:August 13, 2019No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp VKontakte Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The historically black institution, Morehouse College, has orchestrated a new fundraising program that will assist its graduate students with their student loan debt.  This will allow Morehouse students to progress in their careers, education and financial status without the hindrance of their student loan debt after commencement.

    What We Know:

    • The Morehouse College Student Success Program will be funded based on donations in the form of a fundraiser process. The donations will diminish the debt of alumni or clear their debt balance completely.
    • The Board of Trustees founded the program in order to allow students to advance rapidly in their lives, following their graduation from the HBCU. They also intend for the program to give financial Independence to many black families living in poverty.
    • The program will strictly be available to Morehouse Men and will be monitored as a research study in order to collect data that reflects the career experience of alumni when they’re able to live student loan debt free or with lesser debt.
    • According to UNCF research, “Students who attend historically black colleges and universities (HBCUs) borrow student loans at higher rates and, consequently, graduate with substantially higher debt than their peers at non-HBCUs—even though HBCUs cost less—but federal policy changes could help HBCU students lighten their debt load.”
    • Morehouse hopes that the students who are able to benefit from the Student Success Program will pay it forward by helping future graduates.
    • The news of the Morehouse debt free plan was released just months after billionaire Robert F. Smith, paid off the entire class of 2019 student loans, which totaled an estimated $40 million.

    Hopefully other HBCUs will lean towards helping their graduate students with their student loan debt in order to contribute to their future growth. If the program turns out to be successful this could spark a movement at other colleges.

    college Debt Education HBCU Graduate Morehouse College student loan
    Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
    Previous ArticleMillions Starvation In Zimbabwe Due To Severe Drought
    Next Article Black Woman Makes History at Florida State University
    Kamesha Williams, DI

    Kamesha Willaims was a Digital Intern at Black News Alerts.

    Related Posts

    JUST MARRIED: NBA Baller Paul George & Daniela Officially Tie The Knot, Here’s Their First Wedding Pics

    June 26, 2022

    Conn. woman can sue Harvard for emotional distress for photo of enslaved ancestor 

    June 26, 2022

    Rudy Giuliani Just Got Attacked by Staten Island Supermarket Worker | EURweb

    June 26, 2022

    Children As Young as 13 Among 22 Dead in MYSTERIOUS South African Tavern Incident | VIDEO | EURweb

    June 26, 2022
    Our Picks

    JUST MARRIED: NBA Baller Paul George & Daniela Officially Tie The Knot, Here’s Their First Wedding Pics

    June 26, 2022

    HISTORY! ‘Y&R’ Star Mishael Morgan Becomes First Black Woman To Win Daytime Emmy For Outstanding Lead Actress!

    June 26, 2022

    Cardi B Pops BACK At Troll Who Called Her Daughter ‘Autistic’ – ‘WTF My Kids Gotta Do With Y’all Misery?’

    June 26, 2022

    Megan Thee Stallion Leads ‘My Body, My MF Choice’ Chant At Glastonbury Concert, Says She’s Embarrassed By Her Home State of Texas

    June 26, 2022
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    Don't Miss
    Shadow and Act

    ‘What’s Happening!!’ Star Shirley Hemphill Helped Rosie O’Donnell Land Her First Paying Gig – Shadow and Act

    By Shadow And ActJune 26, 20220

    Tiffany Haddish Reflects On Growing Up In Foster Care: ‘I Thought I Was Going To Die’ – Shadow and Act

    June 26, 2022

    Marlon Wayans Says A ‘White Chicks 2’ Likely Won’t Happen: ‘That Movie Almost Killed Us’ – Shadow and Act

    June 26, 2022

    ‘Love & Hip Hop’ Star Yandy Smith-Harris And Foster Daughter Infinity Gilyard On Relationship Playing Out Publicly: ‘People Have No Idea When You Watch A TV Show’ – Shadow and Act

    June 26, 2022

    Subscribe to Updates

    Get the latest creative news from BLK ALERTS about our community.

    About Us
    About Us

    Your source for all things BLACK. BLKALERTS is crafted specifically for humans of the Brown and Black experience. The BLKALERTS app is available in all app stores.

    We're accepting new partnerships right now.

    Email Us: connect@blkalerts.com
    Contact: +1-929-251-6500

    Our Picks

    NBA Draft and More Trade News

    November 19, 2020
    Facebook Twitter Instagram Pinterest
    • Home
    • News
    • Entertainment
    • Politics
    • Crime
    • Sports
    • Careers
    © 2022 BLKALERTS is part of Urban Newsroom. Powered by UNMUTED NETWORKS.

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?