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Further, African American students take out more loans — and more often — to finance their undergraduate education than any other ethnic group. A report by the public policy organization Demos found that 80 percent of black students take on debt, compared with 63 percent of white and Latino students. African American students also accrue more debt, at an average of $28,692, which is nearly $4,000 more than the average for all students. High dropout rates for African American students — 39 percent — exacerbate the problem, the report suggests.
 

That might prompt U.S. colleges to look to other countries for recruitment. Tuition from non-U.S. students can be as high as three times the rate paid by students attending their state colleges, according to The Journal. American families are increasingly struggling to pay college costs that have risen far faster than the rate of inflation.

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report by the NAACP and the left-leaning policy center Demos shows that African Americans face steeper annual percentage rates to begin with — 17.7 percent on average — in comparison to white cardholders — 15.8 percent on average.

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But Sean McElwee recently argued for Slate that “No, Jeb Bush’s failed campaign doesn’t mean Citizens United doesn’t matter”:
 
Saying that money doesn’t matter in politics because Jeb didn’t win the nomination is like saying because all the advertising in the world can’t make prune juice the best-selling drink in the United States, it’s worthless for Pepsi to buy Super Bowl spots.
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Adam Lioz, who is counsel and senior adviser for the campaign finance reform advocacy group Demos, agrees, telling Truthout he is confident that the president will select a nominee with a strong record on campaign finance reform, but is more worried about whether the president will be able to move forward any potential nominee at all.

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Mark Huelsman, a senior policy analyst focusing on higher education at the nonpartisan think tank Demos, is also critical of the Department of Education: “The problem that we’ve seen over the past year and a half is that the effort to ensure that Corinthian’s fall wasn’t a total catastrophe is not being met by the effort to make sure that the students who were defrauded — and we know now that they were defrauded — have a very easy, simple, expedited process for debt relief.” Forprofit colleges, he notes, make most of their money from the federal government either through student loans or
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European countries also differ substantively from the US in terms of the percentage of college attendees that their debt free models serve.

"Germany has a lower percentage of students go on to college than we have here in the US," Mark Huelsman, a senior policy analyst at think tank Demostold ATTN.

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That’s not an isolated or fringe view. “The U.S. racial wealth gap is ... driven by public policy decisions,” a recent study from researchers at Brandeis University and the think tank Demos concluded.

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To be sure, all voters turn out less during the midterms. Twenty-nine percent less white people voted in 2014 than voted in 2012, according to a September analysis by the progressive think tank Demos.

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As a result of having limited savings or other assets to cover the cost of college, African American families borrow heavily to pay for it. Researchers at the liberal think tank Demos found 4 out of 5 black graduates take out loans to attend public colleges, compared with less than two-thirds of whites.

African American students who borrow come out with more debt than their peers, often facing dismal job prospects. College-educated blacks have twice the unemployment rate of their white counterparts.

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