Student Debt

Duncan McFadyen

Johnson C. Smith University has received about $1 million this month for a scholarship fund that helps students pay the difference between their financial aid and tuition.


Tasnim Shamma

Johnson C. Smith University President Ron Carter is urging the Department of Education to reconsider changes to the Federal Parent PLUS loan. Carter blames those changes for the school's recent three million dollar budget cut.

We frequently hear about the rising cost of going to college.  The Federal Reserve Bank of New York says the average amount of student debt is about $20,000 for Americans under 25.  That may not surprise you.