The (bigger than we realized) role race plays in college debt – The (bigger than we realized) role race plays in college debt

• The (bigger than we realized) role race plays in college debt – The (bigger than we realized) role race plays in college debt

  First they (minority’s) graduate with college degrees not in demand then they graduate with a degree in debt and then they start off in a lower paying job than other groups!!Middle and high school college counselors have to educate students on student loan debt ideally best to receive grants, scholarships or work through college. 

• tags: black Latino hispanics debt minorities education loans

  • Race gaps in indebtedness are larger than previously realized, according to a study published Friday in Children and Youth Services Review.

  • The risks faced by minorities in the course of financing a college degree can differ substantially from those faced by Whites of similar economic and educational standing.”

  • Black and Hispanic students are both more likely to take on debt and to take on more debt than white and Asian students, they found.

  • But the most likely explanation for the race gap, among those considered by the authors, is that black and Hispanic students go to different post-secondary institutions.

  • The U.S. higher education system is “an inequality machine,” Georgetown scholar Anthony Carnevale has suggested.

Posted from Diigo. The rest of my favorite links are here.