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Warren and Sanders say canceling student debt could help close the racial wealth gap for families. This startling graph shows they might be right.

Morehouse College black college students

  • Bernie Sanders and Elizabeth Warren have both said eliminating student debt would help black families attain more wealth.
  • Currently, black college grads from four-year schools take on $7,400 more in loans than their white peers.
  • A 2018 analysis by the Roosevelt Institute found that white families have 12 times the amount of wealth as black families. Eliminating student debt could narrow that gap.
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The US might need to look to the student-debt crisis to address racial inequality.

Americans are currently saddled with $1.5 trillion worth of student-loan debt, and the total amount of debt read more >>>

Source:: BusinessInsider.Com