Student loans make wealth gap worse for blacks
While the pursuit of higher education should put students on a path to success, a new study finds a deep disparity along racial lines. With less resources to pay for college, black students took out 85 percent more in student loans than their white peers. Predatory private loans, for-profit colleges and slower rates of loan repayment can work against black students seeking financial advancement, worsening wealth inequalities.
Click the audio player above to hear the full story.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
