Anonymous Donor Pays Off Student Loan Debt For Texas Students
An anonymous donor helped the students at a college in Texas to clear their debt balances, which helped them graduate with their respective diplomas.
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The 133rd graduation ceremony saw approximately 100 students at the Wiley College grounds, who were astonished to listen to their President Dr. Herman J Felton Jr. announce that their debts had been paid off by an anonymous donor.
The coronavirus pandemic had killed the hopes of some students who wanted to pay off their debts, so, such good news thrilled the parents and the students alike.
The President And Students Were Thankful To The Anonymous Donor
The President and CEO mentioned their commitment goes beyond the time that the students are enrolled and that they were massively thankful for the anonymous donor who assisted the students to pay off their balances.
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The total amount owed by the class of 2022 was around $300,000.
He added: “As Wiley College closes the academic semester and prepares for its Sesquicentennial Celebrations beginning in July, this is a great way to start the celebration of 150 years of the College’s contributions to the world.”
The Wiley College focuses on social welfare and good leadership and had reduced its tuition fees in the previous years to just $17,500 to cover the rooms, fees, and boards. The school’s motto has now become even more appropriate:
“Go forth Inspired.”
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The college posited a video of this ceremony and stated that they were finally debt-free and did not owe the college a penny.
Named in honor of Bishop Isaac T. Wiley, Wiley College was founded in 1873. The college is a primarily liberal arts, residential, co-educational, baccalaureate degree-granting institution affiliated with the United Methodist Church.
Credits: Wiley College