Student Debt Carries Inequity Far Past Graduation

May 21, 2015 | | American Federation of Teachers |

The fact that student debt continues to soar is troubling enough. Now there is clear evidence that it also deepens the gap between the haves and the have-nots.

"The Debt Divide: The Racial and Class Bias Behind the 'New Normal' of Student Borrowing" describes the impact of near-universal reliance on student loans: These loans actually extend inequity. They saddle the people who need them most with crippling debt, while others, who are debt-free, are free to thrive. The report comes from Demos, an equity advocacy organization.