Key Findings
- Racial disparities in education debt have been established.
- This study analyzed Black-White variation in education debt among a low- and moderate-income (LMI) population.
- Significant variation in education debt was found, as LMI Black students accrued $7,721 more education debt than LMI Whites.
- Significant Black-White disparities in education debt persisted after accounting for degree completion and socioeconomic factors.
Project: Household Financial Survey (HFS)
Citation
Grinstein-Weiss, M., Perantie, D. C., Taylor, S. H., Guo, S., & Raghavan, R. (2016). Racial disparities in education debt burden among low- and moderate-income households. Children and Youth Services Review, 65, 166–174. doi:10.1016/j.childyouth.2016.04.010