Black students rely more on student loans to pay for college than do other racial groups and they’re less likely to pay off the debt, according to a study released today. The research was presented at a conference on higher education and minorities in Washington, D.C., hosted by the University of California, Los Angeles, Civil Rights Project.
“Student debt today has a color,” said Sara Goldrick-Rab, a professor at the University of Wisconsin, Madison and the study’s lead author, at the conference. Most of the people who borrow for their education are white, Goldrick-Rab said, but a larger share of black students are in debt than any other racial group.
