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New Federal Data Show a Student Loan Crisis for African American Borrowers

1. African American students are more likely to borrow than their peers

2. The typical African American borrower made no progress paying down their loans

3. Bachelor’s degree completion does not insulate African American borrowers from bad outcomes

4. Nearly half of African American borrowers defaulted on a student loan

5. 75 percent of African American dropouts from for-profit colleges defaulted

https://www.americanprogress.org/issues/education-postsecondary/news/2017/10/16/440711/new-federal-data-show-student-loan-crisis-african-american-borrowers/