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Oakland County committee advances funding to continue Savvy student‑debt assistance program after milestone met
Summary
The committee voted to recommend to finance continuation funding for the county's performance‑based partnership with Savvy Solutions PBC after staff reported the program enrolled roughly 5,000 users since inception and reached a milestone of just under 2,500 new enrollments in the performance period, yielding an estimated $33 million in projected forgiveness.
Oakland County staff asked the Legislative Affairs & Government Operations Committee to forward a funding authorization to finance to continue the county's performance‑based partnership with Savvy Solutions PBC, a student‑debt assistance service the county helped sponsor.
Staff said the program has registered approximately 5,000 users since it began and that, during the latest performance period, the initiative recorded just under 2,500 new enrollments that triggered the milestone…
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