Adrian College has announced that it will repay all or part of the student loans of new graduates who fail to get jobs that pay at least $37,000. Under the plan, the college will make all of loan repayments due for of those who don't have a job that pays at least $20,000, and then a portion of the repayments for those with salaries of $20,000 to $37,000. The idea behind the program, called Adrian Plus, is to reassure students and families that they can attend a private liberal arts college without fear of debt they can't manage upon graduation. Adrian officials stressed that, based on past patterns, the vast majority of students won't need to partipate in the program.
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