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Jackson, Victoria; Mustaffa, Jalil B. – Education Trust, 2022
Black students are more likely to take on debt, borrow higher amounts, and struggle with repayment than their peers, because they generally have fewer resources to pay for college, thanks to the ongoing generational effects of systemic racism. This debt burden has far-reaching financial consequences, and many Black borrowers are unable to afford…
Descriptors: Student Loan Programs, African American Students, Debt (Financial), Racial Discrimination