Minorities more likely to fall behind on student loans

Video Credit: KTNV Channel 13 Las Vegas
Published on July 1, 2020 - Duration: 00:24s

Minorities more likely to fall behind on student loans

There are severe racial disparities showing up for student loan borrowers.

A new analysis shows those in majority black and Latin neighborhoods are five times more likely to fall behind on their loans than those in white neighborhoods.


Minorities more likely to fall behind on student loans

BORROWERS.THIS IS ACCORDING TO A NEWANALYSIS FROM THE NON-PROFIT"STUDENT BORROWER PROTECTIONCENTER."IT SAYS - THOSE IN MAJORITYBLACK AND LATIN NEIGHBORHOODSARE UP TO FIVE TIMES MORELIKELY TO FALL BEHIND ON THEIRLOANS - THAN BORROWERS IN MOREWHITE AREAS.THE STUDY LOOKED AT DATA FROMD-C, PHILADELPHIA, SANFRANCISCO, AND NEW YORK CITY.TODAY THE TRANSPORATIONDEPARTMENT IS EXPECTED

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