Wiley College shared the news during graduation on Saturday. About 100 students witnessed when the school’s president made the official announcement.
Adding to the good news, the institution posted a celebratory video during commencement featuring students and the words “You are debt-free. You do not owe the college a penny” on the screen.
In the statement, Herman J. Felton Jr., Wiley College’s president and CEO, said that the school works avidly to assist its students with graduating debt-free.
“Our commitment to our students goes beyond their time while they are enrolled. We are constantly communicating with donors to assist students in these ways so that they can begin their after-college experience with less debt. We are grateful for this anonymous donor who will assist the students in paying off their balances to Wiley College and help us achieve institutional goals of graduating our students with little to no debt,” Felton Jr. said.