HBCU presidents decry student loan rejections, enrollment drops at NAFEO convention

prez, tuskegee president rochon_and_va1Dr. Gilbert Rochon, president, Tuskegee University, Alabama.

“The approval rate on Tuskegee University’s Parent PLUS loans plummeted from 55 percent last year to 23 percent this year. The only way we were able to stay ‘evenboard’ with that debacle was to disgorge half a million dollars from our base budget into Perkins Loans. But that’s not a sustainable situation,” Rochon told politics365. 


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