Indian-Origin Philanthropist Anil Kochhar Pays Student Loans Of 176 U.S. Graduates

Indian-American philanthropist Anil Kochhar stunned 176 graduates of North Carolina State University Wilson College of Textiles by announcing he would pay off their final-year student loans for the 2025–26 academic year. Speaking at the graduation ceremony on May 8, Kochhar said the gift was in honor of his father, Prakash Chand Kochhar, who came from Punjab to study at the college in 1946. The emotional announcement sparked loud cheers from students. Kochhar said he wanted graduates to pursue their dreams freely without financial stress, continuing his family’s long legacy of giving back to the university and community.