Study Finds Black Students In The US Are Being Crushed By Student Loans More Than Any Other Race - Blavity
A recently released report from the Center For American Progress shows that Black students are suffering more than almost any other demographic in the United States when it comes to student loans, particularly those who have taken out loans for graduate school.
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@kavbojka @yogthos@mastodon.social not just higher loan balances, but also higher loan rates specifically for students going to HBCUs. In overall loan cost it appears to be a 9% increase in cost.
It's probably worth noting that both the NPR story and linked watch dog report only look at Upstart. But Wells Fargo had a 5% "penalty" for community college.
