On top of these financial implications, there are also the looming mental and psychological effects that debt has on students’ mental health. Many students experience profound stress, anxiety and feelings related to shame when thinking about their financial situations related to school. In a 2021 survey, one in 14 student borrowers said they experienced suicidal ideation because of taxing debt situations.

Vincent Sparagna recalls his discussion with President Stanley on various topics from increasing graduation rate to the messy budget cuts.

It’s a small gesture, but keep throwing your pocket pennies and found change from the dryer in there and you’ll have a free Bagel Express meal in no time.