National publication covers Debt Reduction Pledge
Higher Ed Dive recently published a story, “The Pipeline: Why one college is pledging to pay half of its students’ loans,” about Cornell’s Debt Reduction Pledge.
The story features an interview with Vice President for Enrollment Management Wendy Beckemeyer.
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.