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Arrange for $300M scholarship endowment on course after Utah’s exit from education loan processing

Arrange for $300M scholarship endowment on course after Utah’s exit from education loan processing Scholarship endowment will be funded by purchase of $1.2 billion education loan profile A statue of Utah Valley University’s Wolverine mascot wears a mask regarding the campus in Orem on Sept. 23, 2020. A bill in mind by the Utah Legislature would produce a continuing state endowment to finance university scholarships as well as other tools. Kristin Murphy, Deseret Information Utah’s exit through the education loan processing company will mean development of a situation endowment calculated between $260 million and $300 million that could fund college…