Car Insurance Provider Raising Funds to Support College Students

A group of graduating students in caps and gowns Auto insurance provider Allstate is collaborating with the United Negro College Fund in an effort to raise $100,000 in scholarship funds for African-American college students.

Consumers can help the cause by visiting the car insurance company‘s website and participating in the “Quotes for Education” program. As part of the program, the car insurance company says it will donate $5 for every auto insurance quote given between Aug. 15 and Sept. 30.

“The Allstate family recognizes the importance of education, and we realize that now, more than ever, it is important to support organizations that champion the pursuit of higher learning and academic success,” says Allstate chief diversity officer Anise Wiley-Little. “By completing an auto insurance quote, drivers join with us in helping to make college education a reality for hard-working students.”

According to the College Board Advocacy and Policy Center, 27 percent of African-American students graduate college with at least $30,500 in student loan debt. Only 9 percent to 16 percent of other races graduated owing as much.While there are a variety of reasons for the group’s low graduation rate, cost is certainly one of them.

About Ben Zitney
Benjamin Zitney has been covering the auto insurance industry for the past 2.5 years. Before coming to Online Auto Insurance News, he produced an extensive company history of the 30-year-old California Joint Powers Insurance Authority and worked at the Cal State Long Beach Daily Forty-Niner as a reporter, copy editor and news editor.

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