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April 23, 2008

University to Pay Off Student Loans for Students Who Work in Public/Nonprofit Sectors

Tufts University, in Medford, Mass., announced yesterday that it plans to help pay off the loans of its undergraduate and graduate students if they work for a nonprofit group or a public-sector employer, reports The Chronicle of Higher Education.

The amount of loan reimbursement will depend on a student’s loan burdens and income levels. The new plan also applies to alumni in public-service jobs. Tufts officials said the program is the first of its kind in the country to promise this level of education-debt relief to all undergraduate and graduate students.


Charles
nonprofit leadership and management
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