Tuesday, September 23, 2014

African Americans Have More Student Loan Debt

The student debt burden falls heavier on black college graduates than students of other races, a new survey finds. 
Half of black college students who graduated between 2000 and 2014 left school with more than $25,000 in student loan debt, compared to just 34 percent of white students who graduated during the same time,according to a new Gallup poll. The disparity points to a large borrowing gap between the races, despite the fact that more black students now come from college-educated families – and presumably families with higher earning power. 

Read more on US News

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