How This University Gave Students With Debt the Ultimate Gift | NowThis

Black college students are 3x more likely to default on loans than their white counterparts — here's how one Detroit area university is providing them a way back into the classroom.

In US news and current events today, Wayne State University (WSU) has set up the Warrior Way Back debt-relief program to help Black students and others saddled with student debt and student loans get back into the classroom and complete their degree. 70,000 students in the Detroit area have dropped out because of their loans and Black students are 3 times more likely to default than white students.

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[shayslay]

Those students will be more inclined to give back in order for someone else in similar positions to be able to graduate. That's the best part.

[lordreyna]

Not going to fix the country’s problem of student debt but it’s a good start especially for those recipients of it.

[Spencerlayne]

Educucstion is free in Scotland and in England if you go to university you only have to pay back two percent off paycheck only if you earn over 24 grand a year. America is backwards with education healthcare and guns.

[AmberAmbwee]

I decided to go to WGU since they let you work on school 24/7 and because you can take as many classes as you can pass in one 6 month term. I like that since these 4 year colleges are so expensive. Maybe I can graduate faster and save money. We’ll see.

[toradora]

We seriously need education reform on all levels. If Europe is capable of providing extremely low cost higher education, there is no reason why the US cant.

[BOSSNASSTY]

I went to a majority black community college. As soon as the student loan money was handed out about 80% of my classmates never showed up again. They got their free money and that's that. They didn't care about the long term consequences.

[kickassv]

The reason they dont pay off their debts is they are not taught money management. I guess someone is going to pay off their expensive house they cant afford, or their brand new car they cant afford. Instead of giving them money teach them wise financial decisions.

[strix.]

I feel like this story is missing something. I think this would be a great program/offer for ALL students in proven financial crisis. The first kid, he only owes $4k but he owns a house, a car...I struggled paying rent in a dump for 7-years...4 of them after college to payback student loans. Now, if he had kids and a wife to take care of, I might be more sympathetic...but for $4k? Dude, work it out, maybe sell the car and take PT or sell the house and rent...just seems like this one took on more than he can pay for THEN his education fell to the wayside. IMO. I only hear part of the story, maybe there is more. 🤔

[saltyme]

It's refreshing to hear the swamp of student debt is being forgiven it has lead to many a dream deferred.
But what cannot be forgiven and unseen is those Jeans Brah really!!! WHY did you take your sisters Jean's? Wears his wallet in his socks with the money he saved.

[lights]

The government caused tuition to go up. Stop asking for government to fix it.