Wait, How Did Student Debt Even Become A Thing?

By Julia Barajas


A recent report from the Center for Law and Social Policy and the National Consumer Law Center found that Black students at every income level are disproportionately more likely to rely on loans to cover the cost of a college education. And even after 12 years of repayment, the typical Black borrower owes more than the principal borrowed.

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Source URL: https://laist.com/news/education/how-student-debt-grew-history-california