Debt

A collective of activists erased $1.7 million in student debt for nearly 500 former Bennett College scholars.

Steve and Marjorie Harvey have joined investor and philanthropist Robert F. Smith’s initiative designed to economically empower HBCU students.

Howard University recently unveiled a student debt elimination initiative.

Clark Atlanta University and Spelman College are the latest institutions in a wave of HBCUs that have launched efforts to erase student debt.

South Carolina State University is eliminating $9.8 million in debt for students.

Delaware State University announced it will eliminate student loan debt for over 200 recent graduates who were significantly impacted by the pandemic.

NBA star Trae Young assisted in eliminating $1 million in medical debt for underprivileged families in Atlanta.

Two Black women businesses owners paid off debt for 30 Clark Atlanta University students.

The United Negro College Fund has teamed up with Cengage to provide 1,000 HBCU students with free access to textbooks.

Fathers in prison facing high debt over unpaid child support payments will have the opportunity to "press pause" with a new program.

50 Cent’s reasoning for his recent bankruptcy filing is another business move to keep his assets safe, E! News reports. The rapper and business mogul filed for Chapter 11 bankruptcy on Monday after a lawsuit ruled he had to pay a woman $5 million for leaking her sex tape on YouTube. The woman was Lavonia Leviston, […]

African-American students are paying a big price when it comes to achieving higher education; according to a new report, Blacks acquire the most student loan debt. The National Center for Education Statistics released new numbers that show how much debt African-American students collect and how the numbers compare to other races, Mic reports. Not only have African-American students borrowed more from lenders, […]