Anonymous Donor Pays Around $300K to Cover More Than 100 Graduates at Texas’ Wiley College: ‘You Are Debt-Free’

Graduates from a traditionally Black higher education in Texas ended up addressed to quite a shock on Saturday, as over 100 students in Wiley College’s class of 2022 were being told an nameless donor had paid off their blended remaining balances of about $300,000.

“You are financial debt-totally free. You do not owe the higher education a penny. If you have a stability, you had a stability,” Wiley’s president and CEO Herman Felton Jr. announced in a movie that has considering that long gone viral.

Felton. Jr. in-depth the news in a push launch this weekend.

“Our dedication to our pupils goes further than their time whilst they are enrolled. We are frequently communicating with donors to help students in these means so that they can start off their following-college practical experience with much less personal debt,” he wrote. “We are grateful for this nameless donor who will guide the pupils in shelling out off their balances to Wiley Faculty and help us attain institutional goals of graduating our pupils with minimal to no financial debt.”

The college included that the anonymous donor “sets graduates on a ongoing route to success and makes it possible for Wiley University to fortify its commitment to supplying an economical exceptional schooling.”

Numerous persons will figure out Wiley Higher education from the Denzel Washington-starring 2007 motion picture The Good Debaters, which was centered on the school’s 1935 discussion team that defeated the reigning national champions at the University of Southern California.