10 Facts on African-Americans and Student Loan Debt

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  • 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
  • Black Bachelors Degree Holders Have High Debt

Households Run by Those 35 and Under Have Most Debt

Forty percent of all households headed by someone younger than age 35 owe debt, the highest share among any age group. (Photo: GettyImages)

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