Good news for some college students.
The students at Palm Beach State College have received a huge financial step up following a critical move from their college.
The institution of higher learning announced that it has wiped out nearly $2.3 million in debt, to help 3,100 students impacted by the pandemic.
Palm Beach State College has canceled nearly $2.3 million in student debt for more than 3,100 students impacted by the coronavirus pandemic. Read more in the #PBSCNews Center: https://t.co/LPcmneRRq2#MyPBSC pic.twitter.com/VxuGo263zl
— Palm Beach State (@PBStateCollege) September 2, 2021
It was all made possible by the Higher Education Relief Fund from the American Rescue Plan, which was signed in March.
Since March, the fund has provided more than $36 billion to colleges and universities across the country to help students pay off debt that is owed to their college or university.
Now these bright young people can go forth an prosper, with no student debt.
James Duffie, vice president of finance and administration, said the response from students has been grateful.
To learn more about the Higher Education Relief Fund, click here.