Georgia Southern exploring “forgivable loans”

Written by  Monday, 07 April 2014 09:35

  Getting a college education can easily leave a graduate with tens of thousands of dollars in student loans that can be hard to repay.

 

  Last Wednesday, Georgia Southern President Brooks Keel told the U. S. House Committee on Education and the Workforce, that the school is “exploring industry-sponsored, forgivable, worker-readiness education loans…for students who participate in co-ops and subsequently commit to working with the sponsoring industry for one to three years following graduation.”  He said such programs could assistant students finance their education, reduce new-employee turnover and increase the return of the industry’s investment.   Keel told the committee workforce grant universities like Georgia Southern will play a “significant role in developing (the) economy and in producing this workforce.” 

 

  He also suggested it may be time for the university system to change from it original tenants of land grant universities to workforce grant universities.  He said Georgia Southern is “perfect example” of that concept.

 

  Committee member, U.S. Representative Tom Price from Georgia called Georgia Southern “a shining example of how higher education institutions can seek out innovative ways to better prepare students to enter the workforce with greater success.”

 

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