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How This Graduate Started a Business Despite $100,000 in Student Loans

Posted by Danny Axelgod on

Starting your own business can be a daunting endeavor with no guarantee of success. But University of Denver graduate Matt Holmes knew he wanted to be an entrepreneur, and he wasn’t going to let this uncertainty — or his student debt load of $100,000 — hold him back. After graduating, Holmes took the road less traveled to manage his loans, see the world and start a business. Here’s how he made it all work and ultimately got his big risk to pay off.

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Billionaire Pledges to Pay Off $40M In Student Loan Debt for Morehouse College Class of 2019

Posted by Danny Axelgod on

Investor and philanthropist Robert F. Smith surprised the Morehouse College class of 2019 with a special graduation gift: He’s going to pay all of their student loan debt. "My family is going to create a grant to eliminate your student loans!" Smith told the graduates during his commencement address. “You great Morehouse men are bound only by the limits of your own conviction and creativity.” His gift to the nearly 400 graduating seniors is about $40 million, according to the Atlanta Journal-Constitution. "If I could do a backflip, I would. I am deeply ecstatic," Elijah Dormeus, a business administration major from Harlem in New York...

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Natty Light Gives Away Another $1M To Help Grads Pay Off Their Loans

Posted by Danny Axelgod on

Last year, Natural Light — better known as “Natty Light” — announced via a Super Bowl ad that it would be giving away $1,000,000 to help 25 lucky drinkers pay off their student debt. Now, the cheap beer brand of choice for college students across the country has kicked its commitment up a notch, promising to give away $10,000,000 over 10 years and to give away $1,000,000 to help over 70 individuals pay down their student loans in 2019.

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