Inside Higher Ed: Student loan debt has become perhaps the biggest preoccupation of policy makers overseeing the higher education system.
But often buried beneath headlines about graduates with six-figure debt is the reality that students who most need loans to attend college come from families with little or no savings. That’s especially true of African American households, who rely on loans to send children to college to a greater extent and spend more of their income after loans and grant aid on higher ed than white families.
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