Study: Student Loans Hamper Wealth Accumulation Among Black, Hispanic Adults
July 30, 2018
July 30, 2018
CHAMPAIGN, Illinois, July 30 -- The University of Illinois System-Urbana-Champaign issued the following news release:
Black and Hispanic adults who graduate college owing money on student loans have significantly lower net worth at age 30 than students who don't borrow to pay for college, a new study suggests.
Black and Hispanic adults in the study who reported having outstanding student loans when they graduated college had $36,000 less in net worth than their pee . . .
Black and Hispanic adults who graduate college owing money on student loans have significantly lower net worth at age 30 than students who don't borrow to pay for college, a new study suggests.
Black and Hispanic adults in the study who reported having outstanding student loans when they graduated college had $36,000 less in net worth than their pee . . .