Black-white disparity in student loan debt more than triples after graduation

Executive Summary The moment they earn their bachelor’s degrees, black college graduates owe $7,400 more on average than their white peers ($23,400 versus $16,000, including non-borrowers in the averages). But over the next few years, the black-white debt gap more than triples to a whopping $25,000. Differences in interest accrual and graduate school borrowing lead … Continue reading Black-white disparity in student loan debt more than triples after graduation