A California Community College’s Graduation Gift: Forgiving 2021 Grads’ Student Debt

While graduating from college is a significant achievement, many people — 45 million people, that is — are held back by student debt — except for this spring’s Contra Costa Community College graduates.

The Contra Costa College Foundation announced on Monday that as a surprise graduation gift for May graduates, it had paid off all their remaining student debt through its Finish Line Fund. Denver7 News reported that more than 60 students at the Northern California community college received an email from the foundation saying all of their remaining student debt had been cleared, making a huge impact for those graduates, given that 85% of students that attend CCC are low- and middle-income.

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