Join The Official FB Page

Langston University clears over $4.5 million in student debt balances

By Ryan Wu
Published in Financial Planning
March 23, 2023
1 min read
Langston University clears over $4.5 million in student debt balances

Langston University, located in Oklahoma, recently made headlines for clearing over $4.5 million in student debt balances. As a writer for a news site, this caught my attention as it is not every day that a university makes a move like this. So, what exactly happened?

Langston University took advantage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which allows universities to use funds to support their students during the pandemic. Langston University received $5.5 million from the government under this act and used $4.5 million of it to cover the student debts for nearly 400 students. The remaining $1 million was used to support students who were affected by the pandemic in other ways.

This move by Langston University has been applauded by many, as it will provide much-needed relief to several students who were struggling to pay off their debts. It is a shining example of how universities can use funds from the government to support their students and help them overcome financial hurdles.

While it is important to note that the student debt crisis is a much larger issue that needs to be tackled at a larger scale, what Langston University did is a step in the right direction. Their decision to use the CARES Act funds to help their students shows that universities have the power to make a difference in the lives of their students.

Overall, Langston University’s move to clear over $4.5 million in student debt balances is an important step in the right direction. As the student debt crisis continues to affect millions of Americans, it is important to see universities taking proactive steps to support their students during these challenging times.


Previous Article
Langston University announces plan to clear student debt balances
Ryan Wu

Ryan Wu

Freelance Journalist

Free 'Personal Finance Fair' In Newark Will Empower Local Residents
May 10, 2023
1 min

Quick Links

Advertise with usAbout UsContact Us

Social Media