Two analyses of newly released federal data on student loans reveal serious default problems for African-American borrowers.
Earlier this month the U.S. Department of Education’s National Center for Education Statistics published a report on patterns of student loan repayment for two groups of borrowers who first enrolled in college in 1995-1996 and in 2003-2004.
Historically the department has not collected much data on student debt that can be broken out by the race or ethnic background of borrowers. The new report, however, included tools that researchers can use to compare how various groups are faring.
Two resulting analyses found a troubling picture for black students who take out loans.
Read more at Inside Higher Ed: https://www.insidehighered.com/news/2017/10/17/half-black-student-loan-borrowers-default-new-federal-data-show