CFPB: Communities of Color Disporportionately Affected by Student Debt

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CFPB: Communities of Color Disporportionately Affected by Student Debt

Sep, 25th 2016

Rising student debt is one of the more painful aftershocks of the Great Recession. Millions of Americans lost their jobs and homes, while others lost much of their household wealth. This decrease in household wealth has continued to put a strain on the ways families pay for higher education expenses, often shifting the burden of paying for college from the family to the student. Every day, we hear from hundreds of borrowers about the impact...

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