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The real moral hazard is ignoring the student debt cataclysm and its effect on the economy

Salon

“Not only are students of color more likely to borrow more for a degree, and borrow in higher amounts for the same degree, but they’re more likely to struggle to repay student loans than white students."

“Not only are students of color more likely to borrow more for a degree, and borrow in higher amounts for the same degree, but they’re more likely to struggle to repay student loans than white students,” Mark Huelsman, a senior policy analyst for Demos told Student Loan Hero. “Students of color are also overrepresented at for-profit colleges and universities which account for a very large proportion of student loan defaults.”

Read more at Salon