Dr. Juan Chisholm Dishes Advice on Graduating College Debt-Free

Author and entrepreneur Dr. Juan Chisholm

Earlier this week, UNCF President and CEO Dr. Michael Lomax discussed the financial crisis that college students are facing and the disproportionate number of black students that rely heavily on loans to pay for college. He stated that 75% of students at HBCUs, versus 40% in the general population, rely on Pell grants and federal student loans, and elaborated on how a low-income background coupled with high interest rates often discourage students from even applying to college.

While the high student loan debt story is common to many college graduates, there are a few …read more