Schools and universities are increasingly using federal ROVID-19 relief funds to pay for unpaid balances that discuss by students. After a year of financial tension and rampant job loss due to the pandemic, payments are a welcome relief for many students and their families. They are also a point of pride for the schools that have been publishing their generosity in the press releases of celebration on the relief of student debt and bold pronouncements during the start ceremonies and other public events.

While cleaning of the skills of students has been widely applauded, some higher education policies experts have been rapid to point out that payments do not address most of the student debt and also help The institutions to delete arrears and balance their books. Some also question how many students benefit from a forgiveness of limited loans and one-time, while long-term foreign debt burdens of federal loans: students owe a total of $ 1.7 billion on federal loans, according to the Federal Reserve data, and personal loans persist.

The American rescue plan, the third round of Coronavirus stimulus funds that passed in March, is the first of federal relief packages that allowed colleges and universities to use some of the funds to cancel The outstanding balances of the students. The US Department of Education UU instructed the institutions that could categorize debts as lost income and reimburse them using federal funds.

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    Wesley Whistle, former Policy Principal Adviser and Education Strategy in New America, a Liberal Tank Washington Think, noted that universities and universities are reimbursed with payments, otherwise, They may not get if students can not pay what they should and are prevented from re-registering as a result.

    "not be pessimistic, but helps institutions," he said in an interview. Before leaving the organization last week. "This balance is cleared that is in his book books."

    Megan Coval, Vice President of Political and Federal Relations at the National Association of Student Financial Administrators, these institutions are spending their relief money in this way because higher ED leaders recognize that loads of the Hefty loan debt face students and "every little" of relief help, especially in the light of the pandemic.

    "" has focused both at the conversation conversation about the conversation about conversation about conversation about conversation about conversation about conversation about conversation about the conversation about the conversation about the conversation about the conversation about the conversation about conversation about conversation about conversation about conversation about conversation about conversation about conversation about conversation about conversation about conversation about conversation about conversation about conversation about conversation about conversation conversation about conversation about conversation about conversation about conversation about conversation about conversation about conversation about conversation about conversation about conversation about conversation about talks, but I think this real Mind demonstrates that institutions care about this, and at the institutional level, there is concern about their students and how much it asks borrowed, "said Coval.

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    A series of historically black institutions, including the University of Philander Smith in Arkansas and the University of Wilberforce in Ohio, surprised graduates in May, announcing that they were cleaning thousands of dollars in unpaid balances owed by the graduated classes of 2020 and 2021. More than 20 HBCUS have followed the example, CNN reported.

    Colleges and universities across the country, including many people who comply with a high number of minority and low-income students, have taken similar measures throughout the summer. For example, the University of Trinity Washington, a predominantly black and Hispanic institution in Washington DC, approved $ 2.3 million in balances for 535 university students at the end of July.

    University of New York City announced that it will pay out of the balances of at least 50,000 students, up to $ 125 million in student debt owed to

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