Graduation Gift: Speaker Will Pay Off All Seniors' Student Loans
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North Carolina State University's Wilson College of Textiles announced a surprise for its graduating seniors. The commencement speaker and his wife will pay off the final-year student loans for every senior in the class.
The couple hopes the gift will give graduates a debt-free start to their careers and futures. The school did not disclose the total amount of debt being covered.
The announcement was made during preparations for the graduation ceremony. Students and faculty reacted with shock and gratitude. The speaker is set to address the class at the upcoming ceremony.