Texas College cancels student loans for 14,000 students

Another college just canceled student loan debt.

This is what you need to know.

Student loans

Dallas College canceled student loan debt for 14,000 students last year. The university, which is based in Dallas, Texas, accessed funds from the federal government’s Emergency Fund for Universities, which are stimulus funds in response to the Covid-19 pandemic.

“Cleaning up the balance sheets will provide much-needed relief for many of our students,” said Dr. Marisa Pierce, Assistant Vice Chancellor, Enrollment Management, Dallas College. “We hope that by removing this barrier we will allow them to achieve their educational and employment goals. It is our responsibility as an institution to do everything possible to guide it towards success ”.

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