“It’s a lot of debt out there. But that debt and the burden of that debt is not necessarily being felt equally. It’s extremely difficult for borrowers of color in particular."
To fairly evaluate any higher education reform proposal, we must understand the ways that these dual burdens—less wealth and more debt—lead to worse outcomes for Black students than white students.
“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.”
“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."
Eliminating all student debt, per Sanders' plan, would increase the wealth gap between white and black households, according to one 2015 study co-authored by left-leaning think tank Demos.