Anonymous donors pay off the college debt for 400 students
Non-profit organization Students Rising Above (SRA) has been involved with providing financial assistance, counseling etc. to students from low-income families since two decades now. Recently, the non-profit announced that a group of anonymous donors had collected around $8 million to pay off the college debts of 400 such students in California.
Elizabeth Devaney, CEO at SRA, informed the students with a surprise announcement on a Zoom video call.
“What I want to share with you tonight is that anonymous SRA donors have presented us with a remarkable gift,” explained Devaney. ” [It’s] intent is to eliminate student loan debt for you.”
Students like Dr. Zachary Tabb, who graduated medical school two years ago and owes around $160,000, is now going to be debt-free.
“It’s life changing,” said Tabb. “I’ve had debt … really my entire adult life. And so it’s just something that everywhere you go, it follows you … So… this has been nice in that way where I can sort of look broader in terms of what I do next.”