Bennett College News
May 24, 2022
Statement & FAQs on Bennett College Student Debt Cancellation
We are excited to announce a one-time partnership with the Rolling Jubilee Fund and the Debt Collective to cancel debt here at Bennett College. Together, we were able to send letters to 462 former Bennett Belle students letting them know that the debts they owed directly to Bennett College were erased - no strings attached. All told, those debts were worth $1.7 million. We understand that this has been an exceptionally challenging time and want to ease people's burdens. The debts that were erased for these 462 individuals were debts owed directly to the school. These debts are different from federal and private student loans, which we do not have the ability to cancel because they are owned by the federal government. You can read more about the process in this article from USA Todayhttps://www.msn.com/en-us/news/politics/occupy-wall-street-activists-pay-off-student-debt-for-nearly-500-black-women-at-hbcu/ar-AAXylp8?ocid=msedgdhp&pc=U531&cvid=21c14522c2a148da9bc5f47e09f9d474 - and we invite you to learn more about the Rolling Jubilee Fund and other important work happening at the Debt Collectivehttp://www.debtcollective.org/.
Sandra M. Phoenix, Executive Director
HBCU Library Alliance
678-210-5801 (office)
404-702-5854 (cell)
http://www.hbculibraries.orghttp://www.hbculibraries.org/
sphoenix@hbculibraries.orgmailto:sphoenix@hbculibraries.org
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