Chicago School of Professional Psychology Forgives Student Debt
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Los Angeles, Sept. 16, 2021 (GLOBE NEWSWIRE) – (Los Angeles) The Chicago School of Professional Psychology has announced that it has used funds from the CARES (Coronavirus Aid, Relief, and Economic Security) Act to support relief $ 3.5 million in student debt for nearly a thousand current and former students
“This is a commitment to putting our students first,” said Chicago School President Michele Nealon, PsyD. “We are committed to their success and forgiving their debt gives them a path forward to pursue their educational and professional dreams without worrying about the financial burden. “
The CARES Act, passed by Congress in March last year, allocated nearly $ 14 billion to higher education institutions and $ 1 billion to historically black colleges and universities (HBCUs) and institutions serving minorities (MSI). The Chicago School’s student body is 80% female, with the majority of students being students of color. The 42-year-old private nonprofit has allocated $ 3.5 million to write off the education debt of current and former students on their campuses in Chicago, Dallas, Southern California (LA, Anaheim, and San Diego) , Washington DC., New Orleans and online.
Aabout Chicago School of Professional Psychology
Integrating theory with practical experience, the Chicago School of Professional Psychology provides education grounded in a commitment to innovation, service, and community to thousands of diverse students in the United States and around the world. Founded in 1979, the regionally accredited non-profit university now offers campuses in iconic locations across the country (Chicago, Southern California, Washington, DC, New Orleans, Dallas) and online. To spark positive change in the world where it matters most, the Chicago School has continued to expand its educational offering beyond the field of psychology to offer more than 30 degrees and certificates in the professional fields of health services, nursing, education, counseling, business, and more. Through its engaged professional education model, its commitment to diversity and inclusion, and an extensive network of national and international professional partnerships, Chicago School students receive concrete training opportunities that reflect their future career. The Chicago School is also proud to be affiliated with TCS, a not-for-profit system of colleges that promotes student success and community impact. To learn more, visit www.thechicagoschool.edu.
Victor Abalos The Chicago School of Professional Psychology (818) 321-5371 [email protected]
Source: Chicago School of Professional Psychology