Sort by
In the media

Black Students Are Screwed the Most When It Comes to Student Debt


Nationally, the data demonstrates a vicious cycle of debt eroding future wealth creation, which can lead to more debt for future generations. According to a report by the think tank Demos, the effects of exorbitant student debt can linger long after college, with the average debt burden potentially costing grads more than $200,000 of lifetime earnings. Most of that comes out of future retirement savings and home equity, with wealth lost greatest for homes with above-average debt.