One university in Ohio made an unforgettable graduation speech by announcing that it was erasing the debt for its graduating students.
On Saturday, Wilberforce University President Elfred Anthony Pinkard announced at the end of the commencement ceremony that the school is forgiving student loans for its 2020 and 2021 students.
USA Today reported that the university would use funds from the United Negro College Fund, the Jack and Jill Foundation, and other sources to wipe out more than $375,000 in debt.
“We wish to give you a fresh start,” Pinkard told the graduating students. “And you don’t owe Wilberforce anything. Congratulations.”
Oh wow…all of 566 total students at Wilberforce and not all of them have student loans.
They have essentially stated that the degrees have no value and are overpriced!