- Oct 25, 2005
- 1,210
- 23
NO college even US seemingly is TACKLING this ISSUE and PUT US ALL at RISK of TREMENDOUS HARDSHIP for NOW and the GREAT FUTURE to COME.‘Redlining’ or Reasonable Criterion?
But institutions with higher default rates and more credit risk tend to have more poor and minority students. According to the Project on Student Debt, which advocates capping interest rates and relieving student debt, a disproportionate percentage of African Americans leave four-year colleges in debt — 84.7 percent, compared to 73.7 percent of Latinos, 64 percent of whites and 58.1 of Asians. They also borrow more, compared to other racial groups, with an average debt of $22,041. On average, underrepresented minorities also tend to have less income to repay their loans with.
By institution, the numbers are stark as well: About 78 percent of students at HBCUs took out federal loans in 2005, while the percentage drops to 44 percent for those at non-HBCU colleges and universities.
RUTHLESS WHITE DEBT is SICKENING to ME on the AFRICAN or US.
POORLY DIRECTED EDUCATION from START means no SCHOLARSHIP.
TUITION COST are RISING so any GRANTS you get from the GOVERNMENT aint COVERING ALL.
Already got major WORRIES with FOOD RENT etc. So study TIME is CONSUMED.
It does not give you time to focus on FAMILY COMMUNITY or RACIAL NEEDS as I just MENTIONED.