University In Michigan To Reimburse Loans For Struggling Grads

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Photo by Donald Miralle/Getty Images for NASCAR

Photo by Donald Miralle/Getty Images for NASCAR

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Are you still paying off student loans from when you were in College? Can’t seem to find the right job that pays enough to get that debt taken care of. Well maybe Spring Arbor University is for you?

The university in Michigan is enrolling their new freshman in a loan repayment assistance program that guarantees to help students pay off their loans if they have trouble finding work.

In fact, if their graduates make less than $20,000 a year they will be reimbursed for their student loan payment. Graduates must work at least 30 hours a week to be eligible. Should other colleges start doing this?

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