10 Facts on African-Americans and Student Loan Debt

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  • Black Bachelors Degree Holders Have High Debt
  • Income for Black Students Does Not Change Disparities
  • Average Student Loan for Blacks: $30,000
  • Household Run By 35 and Under Have Most Debt
  • Shared Debt is Increasing
  • Student Debt Is a Quarter of Income for Those Earning Least
  • Ability to Pay Off Student Debt Has Decreased
  • Lots of Black Undergrads With Debt
  • One Out of Five Owe Student Debt
  • Debt Rises as More Black Students Enroll in College

Average Student Loan for Blacks: $30,000

Among student debt of African-Americans, the average outstanding federal student loan balance was $30,000 in 2010, compared to $18,000 for whites and $22,400 for Hispanics in 2010. (Photo: GettyImages)

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