Florida Gov. Rick Scott chose Miami Dade College, Wolfson Campus as the site for his signing of Senate Bill 396, which aims to protect Florida college students from going into substantial debt in order to fund their education. The bill, which passed unanimously in the Florida Legislature, requires public and private colleges and universities to provide updated federal student loan information to students on an annual basis while they are still enrolled in classes. Scott said the legislation will increase transparency by forcing students to see the amount they have borrowed each academic year along with how much they have to pay back. “One thing we’ve tried to accomplish in the last six-and-a-half years is to make this a state where students can afford an education and they can get jobs at the end, and hopefully, well-paying jobs,” Scott said during the signing ceremony at MDC’s Miami Animation & Gaming International Complex (MAGIC). Scott praised the College’s commitment to tuition affordability, noting that 93 percent of MDC students graduate without student loan debt. Approximately 44 million Americans collectively owe more than $1.4 trillion in student loan debt. The Institute for College Access and Success reports that Florida’s class of 2015 graduated with an average debt of $24,947. – AP
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