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Students at Texas college graduate debt-free after anonymous donor pays off school loans

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FILE - Students throw their mortarboards in the air during their graduation photograph. (Christopher Furlong/Getty Images)Students from Wiley College in Marshall, Texas, were not only given their diplomas on May 7 but were gifted with complete student loan forgiveness after an anonymous donor paid off their debts.

During the commencement ceremony on Saturday, over 100 graduates were given the wonderful news by the college’s president and CEO, Dr.

Herman J. Felton, Jr., according to a school news release. The anonymous donor paid off about $300,000 in student loan debt. "The anonymous gift sets graduates on a continued path to success and allows Wiley College to strengthen its commitment to providing an affordable exceptional education," the news release continued. "Our commitment to our students goes beyond their time while they are enrolled.

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