Florida HBCU doles out $16 million to pay off student debt

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Florida HBCU doles out $16 million to pay off student debt
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Students at a historically Black college received a huge parting gift from their school during commencement ceremonies.

A recent study found that Black people take out higher amounts of student loans than every other racial group.Students at a historically Black college received a huge parting gift from their school during commencement ceremonies Saturday.

"This is an indication of our commitment to student success and our hope that your time on the 'Hill' has been transformative as you take on the challenges of the day, go out and make a difference," he told the graduates.

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