EMU Launches New Debt Forgiveness Program
A new program at Eastern Michigan University is helping students get rid of some of their college debt by giving back to their community.
The new Eagle Engage Corpsprogram is intended to help current and former EMU students who started college but couldn’t finish due to financial challenges.
EMU will forgive around $2,000 of student debt, if participants take at least 9 credit hours and complete 100 hours of community service before the end of the Winter 2019 semester.
The program’s director, Decky Alexander, says there are around 1.5 million adults in Michigan who went to EMU and other colleges but never finished.
“And a lot of them have just maybe a couple thousand dollars on an account, but they still can’t re-enroll in school,” says Alexander. “So we really wanted a debt forgiveness program that combines community engagement.”
Alexander says there’s been a lot of interest in this pilot program so far, and they’re looking into the possibility of expanding it.
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— Taylor Pinson is a writer/reporter for 89.1 WEMU News. Contact him at 734.487.3363 or email him email@example.com