Just down the road, Delaware State University is canceling $730,655 in student loans for 220 of their recent graduates impacted by the Covid-19 pandemic. On average, each eligible student will qualify for about $3,276 in debt relief.
DSU’s Vice President for strategic enrollment management Antonio Boyle recently shared that “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 school.” She recognizes this effort will not help with all of obligations held by these students they felt compelled to do something.
Adding to this, DSU president Tony Allen shared his thoughts: “Our students don’t just come here for a quality college experience, most are trying to change the economic trajectory of their lives for themselves, their families, and their communities. Our responsibility is to do everything we can to put them on the path.”