10 Facts on African-Americans and Student Loan Debt

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  • 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
  • Black Bachelors Degree Holders Have High Debt
  • Income for Black Students Does Not Change Disparities
  • Average Student Loan for Blacks: $30,000

Ability to Pay Off Student Debt Has Decreased

Due to the economic downturn, households are losing their ability to pay off debt. Nationally, households had six cents of outstanding student debt for every dollar of income received in 2010. (Photo: GettyImages)

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