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Black Americans who didn’t finish college are just as likely to have student debt as a white borrower with an advanced degree

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Even if they didn’t finish college, Black student-loan borrowers carry the same debt burden as a white adults with an advanced degree.

That’s what two statisticians found after analyzing US Census data on the burden of student loan debt before the pandemic. They also learned that women — Black women in particular — are more likely to carry debt than men, and that people with student loan debt were more likely to also have credit card or medical debt.

On Wednesday, Michael D. King and Lindsay M. Monte, census survey statisticians, and Neil Bennett, a census economist, details ⇒

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