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

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.
Visit Business Insider’s homepage for more stories.

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 >>>