Forbes reports on Debt Reduction Pledge

Forbes reported on Cornell College’s new Debt Reduction Pledge in their Sept. 28 story, “Cornell College Will Pay Off Up To $12,000 Of Graduates’ Federal Student Loans.” 

Cornell College is kicking off the new program to take a stand against college debt by committing to pay half of students’ federal loans–up to $12,000–at the time of their graduation. 

The Debt Reduction Pledge will provide funding to 65 first-year students starting with those enrolling for the 2022-23 academic year. The only requirements to receive the funding are that students must graduate from Cornell in four years, live on campus, maintain good academic standing, and stay enrolled as a full-time student.

The Forbes story on the Debt Reduction Plan follows recent coverage by the news organization on the Cornell College Freeway Scholarship

KCRG, News Radio 600 WMT, and Iowa’s News Now (KGAN) also reported on Debt Reduction Pledge.