debt
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Stacey Abrams’ Fair Fight Donates $1.34 Million to Cancel Medical Debt
The donation will help eliminate the medical debt of 108,000 people across the South who owe more than $210 million combined.
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HBCUs Use Federal Funds to Cancel Students’ Debt
Eliminating Black students’ college debt can significantly narrow the racial wealth gap, and HBCUs are making plans to do just that.
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Wilberforce University Cancels Student Debt for Graduating Class
Wilberforce University, an Ohio-based HBCU, announced on Saturday that it would cancel the student loan debt of the 2021 graduating classes. Damn, all my university gave me when I graduated was a flash drive. I mean yeah, I got a lot of mileage out of that flash drive, but still. According to CNN, university President…
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Black Farmers Call a Letter Sent by Banks to the USDA Warning Against Debt Forgiveness a Threat
It shouldn’t come as a surprise that, as with most things in this country, the farming industry hasn’t exactly been welcoming to Black people throughout the entirety of this country’s modern history. In an effort to rectify the injustices Black farmers have had to endure, the $1.9 trillion COVID relief package passed in March included…
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‘I Will Not Make That Happen’: Biden Says No to $50,000 Student Debt Forgiveness
Get ready to lower your expectations if you’d been hoping that President Biden would heed the call of some Democrats to cancel student debt up to $50,000 per borrower. The president outright rejected that idea during a town hall hosted by CNN in Milwaukee on Tuesday. After a member of the audience asked Biden how…
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Real Life-Savers: Chicago-Area Churches Band Together to Wipe Out More Than $5 Million in Medical Debt for Thousands of Families
Close to 6,000 families in the Chicago area will be getting a life-changing gift just in time for the holidays: the clearing of their medical debts. A group of churches serving the Cook County community has banded together to buy and then forgive the medical debt of 5,888 families in need, according to the Chicago…
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Congrats, Grad! Morehouse Keynote Speaker Pays Off Debt of Graduating Class
Now we know exactly what it takes to upstage Angela Bassett: Forty million dollars, according to the Atlanta Journal-Constitution. On a hard-earned day of celebration for hundreds of families, Morehouse upped the ante on black excellence. After the casually ethereal Bassett spoke, Robert F. Smith, the billionaire tech investor and philanthropist received an honorary doctorate…
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Why Everyone’s Talking About Reparations, Explained
Hello again, Racist Baby! What are you doing here? Wait … Who told you Jesus is coming back? And why would he only come back for black people? No, Racist Baby. Those people aren’t talking about Revelation, the last book of the New Testament, they’re talking about black reparations. Reparations is “the making of amends…