13 Jun Huntington’s Loan Repayment Plan

Huntington University was mentioned in a USA Today article about private liberal arts colleges that help students repay loans. This is targeted at students headed toward careers in low-paying public-service fields, enabling private colleges to attract and keep students who otherwise might opt for something cheaper…or skip college altogether.

The article quoted Erica Harris, 22, who graduated in May from Huntington with a degree in Family and Children’s Ministries. If she ends up in a job that pays less than $20,000 a year, the loan repayment plan will cover her payments for that year. Students pay nothing for this benefit. Instead, the college pays an average of $1200 per student per year to LRAP Association, a company that repays loans using the pooled funds.

It makes another good reason to attend Huntington University.