Assistance is determined on a sliding scale. Under Houghton College’s agreement with the LRAP Foundation, for example, graduates earning less than $38,000 a year post-graduation will receive some assistance, while those earning $20,000 or less will have 100% of their bills paid until their salary increases. The foundation will cover half of the student loan bills for someone earning $29,000 a year.

There are some exciting programs offered to help college graduates pay back their student loans.  Three of our member schools (HoughtonHuntington, and Spring Arbor) are included in this article.

Find the full article here.

 

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