While student loan debt is a problem for most college graduates, it’s hitting one group significantly harder: black students.
A new analysis from Gallup found a significantly greater percentage of black college graduates carry student debt as compared to white students. Seventy-eight percent of black students graduate college with student loan debt, compared to 61% of white students.
They’re also more apt to carry greater debt loads, with half of black students reporting they have more than $25,000 in student loan debt, compared to only 34% of white students.