Disparate Debts: How Student Loans Drive Racial Inequality Across Cities
This report examines alarming racial disparities in student debt burdens and borrower distress across American cities. The report highlights trends and offers new analysis of recent research by economists and city officials in Washington, D.C., Philadelphia, New York City, and San Francisco.
The report finds student borrower distress is heavily concentrated in majority-Black and majority-Latinx neighborhoods, and offers stark new evidence of the role of student debt in exacerbating the nation’s vicious cycle of inequality and racial wealth gap.
Read the Press Release: New Report Finds Severe Racial Disparities for Student Loan Borrowers Across American Cities