Student Freedom Initiative Pays off HBCU Loans says Mark Brown, President and Chief Executive Officer
Mar 30, 2024 ·
31m 23s
![Student Freedom Initiative Pays off HBCU Loans says Mark Brown, President and Chief Executive Officer](https://d3wo5wojvuv7l.cloudfront.net/t_square_limited_480/images.spreaker.com/original/761df016904e2f115b7406e8e78cc0fe.jpg)
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Description
Two-time Emmy and Three-time NAACP Image Award-winning television Executive Producer Rushion McDonald interviewed Mark Brown, the President and CEO of SFI. Student Freedom Initiative is a nonprofit organization founded by...
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Two-time Emmy and Three-time NAACP Image Award-winning television Executive Producer Rushion McDonald interviewed Mark Brown, the President and CEO of SFI. Student Freedom Initiative is a nonprofit organization founded by Robert F. Smith because of his philanthropic efforts to tackle the student debt problem in America. SFI was founded in 2022 as a follow-up to the 2019 viral Morehouse College gift. The program offers alternative PLUS Loan opportunities for students majoring in STEM at participating HBCUs. The fund was initially started with a $50M investment from Robert F. Smith along with a $50M investment from InternXL, which partners with SFI to build an endowment without walls. SFI recently announced a $100M commitment from the STEIN Bridge group, bringing the endowment to $200M. The funds used to repay these loans are recycled into the SFA fund for another HBCU/MSI studentSee omnystudio.com/listener for privacy information.
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Information
Author | Rushion McDonald |
Organization | Rushion McDonald |
Website | - |
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