Stanford Business School Gives International Students Loan Forgiveness

April 24, 2007 - Category: Education

Students from all over the world come to America to study at top universities. Unfortunately, these top schools come at the expense of top dollars for tuition. According to the statistics of the Graduate Business School of Stanford, a typical international student was graduating with $80,000 of debt. Many students desire to go back with their knowledge and education to make a difference in their home countries. Yet, the high amounts of student debt is holding back many from making an immediate impact.

I’m glad to see Stanford is offering a loan forgiveness plan for international students that have a true desire to apply their education back in their home country. Students can qualify for up to $7,500 of loan forgiveness each year. Although I’d love to see this amount go up, it is definitely a step in the right direction for Stanford.

Many international students will become the future leaders of tomorrow. I’d love to see more universities provide top-notch education at a reasonable price. Instead of being shackled by debt for years and years, these graduates can begin immediately making a difference.

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