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South Carolina State University Forgives $10 Million of Student Debt Using Stimulus Funds

HeadlineJul 21, 2021

South Carolina State University is forgiving the loans of 2,500 former students who had to stop their studies due to financial hardship. The historically Black university said it would cancel nearly $10 million of student loans with stimulus money from the CARES Act and American Rescue Plan. Black students are disproportionately hit by the school debt crisis.

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