California college votes to eliminate student debt. Here’s where and how they’ll pay for it.
The Sacramento Bee
December 18, 2021
The board of trustees at Stockton’s San Joaquin Delta College has voted to eliminate all existing student debt at the school. “It’s yet another effort by the College to support students in the midst of COVID-19,” the school stated in a news release. The trustees met Tuesday evening and agreed to spend more than $3.6 million in federal coronavirus relief funds to forgive all debts currently recorded at Delta College, affecting all former and current students who still have outstanding amounts to pay.
“The trustees of San Joaquin Delta College remain committed to supporting our students during these turbulent times and feel that the best way to do that right now is through the allocation of funds that makes it possible for previous student debt to be cleared away,” Board of Trustees President Charles Jennings said in a prepared statement. “We are hoping that this investment will make it possible for students to return to school and remain in school which will in turn create better lives for all in our community.” Although college officials don’t yet have a timeline for eliminating the debt, they said that students won’t have to take any independent action.