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Louisiana State University to wipe away $7M in student debt

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Louisiana State University announced it will use federal coronavirus aid to forgive more than $7 million in student debt for about 4,000 students.

Posted: Aug 24, 2021 2:18 PM

BATON ROUGE, La. (AP) — Louisiana State University announced it will use federal coronavirus aid to forgive more than $7 million in student debt for about 4,000 students.

The debt forgiveness will apply from the spring of 2020 to the present for students with balances owed directly to LSU.

University spokesperson Ernie Ballard says those debts could include an outstanding balance on tuition, fees, housing, meal plans or parking. He says the average amount of debt wiped away per student is about $1,800.

A variety of schools have announced student debt forgiveness programs financed with federal coronavirus dollars, including Baton Rouge Community College, Grambling State University and Southern University in Shreveport.

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