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Debt Forgiveness Programs Coming To Three Major Colleges In Metro Detroit

April 30, 2019

WWJ News Radio

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Both Wayne State University and Oakland University are willing to waive up to $1,500 off of the debt owed, while Henry Ford College will forgive up to one half of a students debt.

Detroit Regional Chamber Vice-President Greg Handel says they want to improve the region’s post-secondary attainment rate, which now stands at 40 percent.

“We wanted to being a survey of our business members in the near future,” said Handle, “to start to find out what kind practices they have in place in terms of tuition support for their employees, and encourage more companies to offer tuition supports and other kind of supports to help their employees to get degrees.”

Wayne State has used a debt forgiveness program called ‘Warrior Way Back’ which has benefitted the 100 or so students involved, leaving University President M. Roy Wilson encouraged.

“I think that once it’s up to scale, said Wilson, “that it could be thousands, maybe tens of thousands of students, could benefit.”

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