"The challenges of the American student debt crisis are widespread here in the Bronx. Nineteen percent of people default on their student loans, similar to the national rate of 22%," according to The Wall Street Journal.
"But students here at Bronx Community College are in a program that helps them graduate with a two-year associate’s degree and no debt.
The ASAP program started in New York City 10 years ago to tackle the problem of kids taking student loans without knowing the financial impact. Now it’s gaining attention nationwide, and being adapted for schools in California and Ohio.
Eligible students’ tuition is paid for by federal Pell Grants students don’t have to pay back. Plus, they get money for books and a monthly MetroCard. But only if they meet regularly with their personal advisor."
NASFAA's "Headlines" section highlights media coverage of financial aid to help members stay up to date with the latest news. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.
Publication Date: 3/13/2018