AdrianPlus: Securing Your Future
Adrian College assures graduates of a secure future with the introduction of the AdrianPlus Program. The program offers loan repayment assistance to students at no additional cost.
Adrian College has taken one more step towards making a liberal arts education more valuable and affordable to its students, while alleviating the financial burden of college loans. AdrianPlus, a new loan repayment assistance initiative, offers to pay all or part of its student’s loans if they are unable to secure a well paying job post graduation.
In a time where student debt is a primary concern for parents and families, Adrian College is pleased to provide yet another way to make a private college degree affordable.
“Student debt load continues to be a national concern. AdrianPlus provides our graduates the financial stability they need as they enter the workforce without being burdened by excessive debt.”
- Dr. Jeffrey R. Docking
Beginning in Fall 2014, Adrian College will roll out this initiative to all incoming freshmen and transfer students offering loan repayment assistance following graduation. Support will continue until the individual’s income rises to a level of financial sufficiency or until loans are completely paid off. Qualifying students will receive an Award Letter from Adrian specifying the details of how AdrianPlus works.
Adrian College is the first of its size in Michigan to offer this level of assistance to an entire incoming class. In recent years, U.S. News and World Report recognized Adrian College as a ‘Least Debt Load’ and a ‘Best Value’ college in the Midwest. Similar programs to AdrianPlus have been utilized by colleges and universities for over 20 years, but predominantly only among Ivy League institutions.
“While garnering this national recognition, Adrian College remains committed to offering small class sizes with individual attention from accomplished faculty. We know that many students thrive best in smaller educational settings where they can easily get the tutoring and personal attention they need to succeed academically.”
“We believe that money and cost should not be an insurmountable barrier to receiving this type of quality education,” Docking said.
AdrianPlus In the News
The Detroit Free Press featured an article written by David Jesse about the new program, breaking it down by the numbers. USA Today also ran the article. Jesse talks about how student debt is a national problem, and how most students in Michigan leave school with student debt. “In Michigan, the average student loan debt is about $27,000 per student,” the article states. “More than 60% of all Michigan graduates leave college with student loan debt.”
Megan Sanctorum from WTOL 11 (Toledo News Now), reported about AdrianPlus, sitting down with President Jeffrey Docking to discuss the innovative new venture. The Chronicle of Higher Education also covered the program on their blog, Bottom Line (following the money in higher education).
ClickOn Detroit highlighted AdrianPlus, mentioned that the initiative is another step in helping students attain a liberal arts degree from Adrian College. WILX 10 also discussed AdrianPlus on their website.
On September 18, President Docking appeared on the Frank Beckmann Show on WJR 760. He spoke for roughly 15 minutes about the new program and it’s highlights, commenting that the College was one of the pioneers of such a program.