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2017

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City University of New York (CUNY)

Higher Education Management

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Student Debt Disproportionally Affects Blacks., Aldemaro Romero Jr. Jan 2017

Student Debt Disproportionally Affects Blacks., Aldemaro Romero Jr.

Publications and Research

College student debt, now topping one trillion

dollars, is one of the most severe issues affecting

higher education. But if that amount (higher than

Americans’ combined credit card debt) sounds scandalous,

the problem is compounded by the fact that

it is affecting disproportionally people of color.

In a report published by the Brookings Institute

last October titled “Black-white disparity in student

loan debt more than triples after graduation,” its

authors found that by the moment they earn their bachelor’s

degrees, black college graduates owe $7,400

more on average than their white peers. And the

problem becomes even more acute over …