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Student Loan Debt

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The Debt Collective Clears $10M In Student Loan Debt For Nearly 3,000 Morehouse College Graduates

A group of former Historically Black College and University (HBCU) students have received wonderful news.

Ngozi Nwanji

Oct 23, 2023

The US Department Of Education Clears Student Loan Debt For 804,000 Borrowers

Nearly one million people have received a surprise of financial relief for their student loans.

Ngozi Nwanji

Sep 25, 2023

Texas Southern University Clears $2.3M In Debt For Over 2,000 Students

Texas Southern University (TSU) has provided financial relief to more than 2,000 students.

Samantha Dorisca

Sep 21, 2023

Here's How This Connecticut Pharmacist Cleared His Towering Debt Of $230K In Less Than Six Years

Ludwig Rosiclair understood great sacrifices would be required to cut down his debt of $230,000.

Samantha Dorisca

Nov 17, 2022

Jamie Turner On Her Reaction To Pharrell Williams Wiping Her $27K Student Loan Bill Out — 'It Was Just Unexpected. I Couldn't Really Breathe'

Jamie Turner was one of five NAACP leaders who recently had their student loan debt cleared by Pharrell Williams.

Samantha Dorisca

Sep 19, 2022

Pharrell Williams Clears Student Debt For Five NAACP Student Leaders

Five NAACP students will be leaving college debt-free, thanks to Pharell Williams. The iconic record producer and philanthropist kicked off his Something In the Water Festival in Washington D.C. on Friday, June 17. Just hours before the musical event began, Williams surprised the student leaders with the groundbreaking news during a panel pertaining to the Black student debt crisis at the St. Regis hotel in D.C, ABC 7 News reports. “For all of you on the stage, we are clearing your current student loan debt,” said a moderator during the event. Breaking: #SomethingInTheWater just announced they’re paying the student debt of all 6 panelists/NAACP members! #CancelStudentDebt — NAACP (@NAACP) June 17, 2022

Samantha Dorisca

Jun 17, 2022

Joe Biden Administration Says It Has Managed To Cancel $15B In Student Loan Debt

Joe wants folks to know that he’s out here doing it! According to Complex, the Joe Biden administration has managed to cancel a total of $15 billion in student loan debt since taking office in 2021. A press release from the Department of Education also confirmed that more than 675,000 borrowers have come out on the winning end of his student loan forgiveness program. The news comes on the heels of President Biden’s move to extend the pause on student loan debt payments until May of this year. “Given these considerations, today my Administration is extending the pause on federal student loan repayments for an additional 90 days – through May 1. 2022 – as we manage the ongoing pandemic and further strengthen our economic recovery, ” he wrote. “Meanwhile, the Department of Education will continue working with borrowers to ensure they have the support they need to transition smoothly back into repayment and advance economic stability for their own households and for our nation.”

Shanique Yates

Jan 27, 2022