The Hechinger Report
Black Students Default on College Loans at a Higher Rate Than Others, Study Finds
September 21, 2018
There’s great disparity in the way that college graduates pay back student loans. Among black bachelor’s degree holders, 21 percent defaulted on their student loans within 12 years of entering college, according to a report released this week from The Institute for College Access and Success. Only 8 percent of Hispanic degree holders and 3 percent of white degree holders defaulted within that time period.