African-American Student Loan Crisis

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A review of Education Department data reveals that African-American student loan borrowers are in crisis, the Center for American Progress reports.

The data show that 49 percent of all Black students who borrowed for their undergraduate education defaulted on their federal student loan. African American students who earned a bachelor’s degree also had a high default rate—25 percent of Black graduates compared to 9 percent of all other borrowers.
SOURCE NEWSONE

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