Contact Us

Adrian College Making Student Loan Payments

Adrian College & Herrick Tower
http://www.flickr.com/photos/mono1980/

 

This is a true case of “putting your money where your mouth is.”  In the case of Adrian College, it’s putting money where graduates may not have any.

This is really a great thing!  It’s called “Adrian Plus!”

Starting with next year’s freshmen, Adrian College will cover a student’s loan payment if that person is earning less than $20,000 a year.  They will cover a portion of the payment  for graduates making up to $37,000 a year.

Here’s how it works:

After graduation, if you have a job paying less than $20,000, the college makes the entire monthly loan payment until you have a job making over $37,000.  If, after graduation, you have a job making between $20,000 and $37,000, the college makes payments on a sliding scale.  The cap is $70,000 total per student. To qualify, students must be full-time students at Adrian and make “satisfactory academic progress.”

I love this!  That’s a nice assist and guarantee against the uncertainties of the “real world,” don’t you think?

Adrian College president Jeffrey Docking told the Detroit Free Press:

“It has become increasingly clear that money and student debt are major hurdles for parents and students to get over as they consider higher education. Especially when it comes to a small, private college like Adrian. They are scared away by the sticker price.  We don’t expect a lot of Adrian students to need the program upon graduation.”

Adrian Plus Program from Adrian College on Vimeo.

More from 100.5 The River

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://rivergrandrapids.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on 100.5 The River quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Sign up for an account to comment, share your thoughts, and earn points to get great prizes.

Register on 100.5 The River quickly by logging in with your Facebook account. It's just as secure, and no password to remember!