News
Corban University To Help Students Overcome Loan Burdens
Salem, Oregon (Oct. 8, in the year of our Lord 2013)
- Corban University is so confident in the value of their
education that they are now guaranteeing that student loan debt
will not stand in the way of their graduates’ successful
futures.
Their new loan repayment assistance program, called The Corban
Promise, assures students that they will either secure a
well-paying job after graduation, or they will receive help
repaying their loans while they follow their dreams. Beginning
in fall 2014, all incoming students at Corban University will be
automatically enrolled in The Corban Promise. The unique
program, provided at no cost to families, offers a safety net
that helps ease the burden of student loans, while empowering
graduates to pursue their passions and highest ambitions.
“It’s every college student’s dream to land a meaningful job
after graduation, one that uses their strengths and education,”
said Sheldon C. Nord, Ph.D., president of Corban University.
“Repaying student loans adds significant pressure, and we want
to provide our students and families with peace of mind. The
Corban Promise will help ensure that our graduates are able to
pursue their calling.”
Corban University is the only college in the Pacific Northwest
to tackle the rising concerns surrounding the national
educational debt-load, by providing a safety net for their
students’ educational investment.
The Corban Promise will provide substantial loan repayment
assistance on graduates’ federal, private alternative and parent
PLUS loans—at no cost to families. The loan repayment assistance
will continue until the graduate’s income rises to a level of
financial sufficiency, or until loans are completely paid off.
“In times when many college graduates are having to choose
between following their dreams, and settling for a paycheck to
pay the bills, we want our students and families to know that we
are committed to their success, from the time they set foot on
campus, until the day they land their dream job,” said Matt
Lucas, D.A., provost at Corban University. “Given our mission,
to help educate the leaders of tomorrow, providing The Corban
Promise is not only our way of securing those successful
futures, it is also the right thing to do.”