Skip to main content
Global Edition
Wednesday, April 24, 2024

Minorities more likely to fall behind on student loans

Credit: KTNV Channel 13 Las Vegas
Duration: 00:24s 0 shares 1 views

Minorities more likely to fall behind on student loans
Minorities more likely to fall behind on student loans

There are severe racial disparities showing up for student loan borrowers.

A new analysis shows those in majority black and Latin neighborhoods are five times more likely to fall behind on their loans than those in white neighborhoods.

BORROWERS.THIS IS ACCORDING TO A NEWANALYSIS FROM THE NON-PROFIT"STUDENT BORROWER PROTECTIONCENTER."IT SAYS - THOSE IN MAJORITYBLACK AND LATIN NEIGHBORHOODSARE UP TO FIVE TIMES MORELIKELY TO FALL BEHIND ON THEIRLOANS - THAN BORROWERS IN MOREWHITE AREAS.THE STUDY LOOKED AT DATA FROMD-C, PHILADELPHIA, SANFRANCISCO, AND NEW YORK CITY.TODAY THE TRANSPORATIONDEPARTMENT IS EXPECTED

You might like