10 Facts on African-Americans and Student Loan Debt

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  • 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
  • Black Bachelors Degree Holders Have High Debt
  • Income for Black Students Does Not Change Disparities

Shared Debt Is Increasing

More households owe shared debt. In 2007, 10 percent of student debtor households owed more than $54,238. By 2010, 10 percent of student debtor households owed more than $61,894. (Photo: GettyImages)

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