Tag: student loan

Housing and Urban Development Secretary Marcia Fudge

HUD Secretary Marcia Fudge Says Student Loan Debt Is a Major Hurdle for Black Homeownership

Black Americans are saddled with an overwhelming majority of the nation’s $1.7 trillion student debt — and according to Department of Housing and Urban Development (HUD) Secretary Marcia Fudge, that debt is one of the key factors preventing Black Americans from buying and owning their own home. Business Insider’s Ayelet…

Wilberforce University

Wilberforce University, Nation’s Oldest HBCU, Surprises Graduates by Forgiving Student Loan Debt During Graduation Ceremony

A total of 166 graduates of Wilberforce University got the graduation gift of a lifetime earlier this week. During the school’s graduation ceremony, University President Elfred Anthony Pinkard announced that the school would be forgiving all student loan debt owed by the graduates. Minyvonne Burke of NBC News reported that…