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Billionaire’s gift to pay off Morehouse Class of 2019 student loans ‘won’t undo systematic inequalities’

Jillian Berman
MarketWatch

“The gauntlet has been laid. It also reminds us that public policy really does have a role to play. We should take a hard look at why this was needed in the first place.”

It sets a new standard for billionaires who give commencement speeches. “The gauntlet has been laid,” said Mark Huelsman, associate director for policy and research at Demos, a left-leaning think tank. “It also reminds us that public policy really does have a role to play. We should take a hard look at why this was needed in the first place.”

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"Black student debtors "are 16 percent more likely to be in default or seriously delinquent than white student debtors; Latino borrowers are 8 percent more likely."

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“This stuff is hard and necessary to untangle… [but] we should actually start over.”

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