Death
04-17-2008, 08:05 PM
http://www.diverseeducation.com/artman/publish/article_9856.shtml
"You evil white people are always keeping me and my peeps down."
http://www.diverseeducation.com/artman/publish/article_9856.shtml
An analysis of NCES data by Education Sector, an independent education policy think tank, found that Black graduates had an overall default rate that was more than five times that of White graduates and nine times that of Asians. Hispanic graduates’ overall default rate was more than twice that of Whites and four times that of Asians. The defaults could not be explained by high debt and low salaries as, compared to other groups, Hispanics paid back the lowest percent of monthly income on loans.
https://www.debthelp.com/kc/119-student-loans-minorities.html
More seriously, while a non-minority student can expect to graduate college with a loan debt of around $20,000, the average minority student who does not even finish college can expect a debt of $30,000!
http://www.questia.com/googleScholar.qst;jsessionid=LHtSBv201Nvvjz2BGyQNDqTplz7Shdt2nt03Yhw0J3b1y6BwFJhL!2026939868?docId=5001333362
The higher loan default rates by racial minorities constitutes the most consistent and perhaps most troubling finding across the published studies that have appeared to date. Being African or Native American and coming from a family of little education are characteristics that have default rates generally ranging from 30% to 60%. However, none of these studies examines the extent to which the reasons for default behavior may vary by ethnic group. That is the task we undertake in this study.
"You evil white people are always keeping me and my peeps down."
http://www.diverseeducation.com/artman/publish/article_9856.shtml
An analysis of NCES data by Education Sector, an independent education policy think tank, found that Black graduates had an overall default rate that was more than five times that of White graduates and nine times that of Asians. Hispanic graduates’ overall default rate was more than twice that of Whites and four times that of Asians. The defaults could not be explained by high debt and low salaries as, compared to other groups, Hispanics paid back the lowest percent of monthly income on loans.
https://www.debthelp.com/kc/119-student-loans-minorities.html
More seriously, while a non-minority student can expect to graduate college with a loan debt of around $20,000, the average minority student who does not even finish college can expect a debt of $30,000!
http://www.questia.com/googleScholar.qst;jsessionid=LHtSBv201Nvvjz2BGyQNDqTplz7Shdt2nt03Yhw0J3b1y6BwFJhL!2026939868?docId=5001333362
The higher loan default rates by racial minorities constitutes the most consistent and perhaps most troubling finding across the published studies that have appeared to date. Being African or Native American and coming from a family of little education are characteristics that have default rates generally ranging from 30% to 60%. However, none of these studies examines the extent to which the reasons for default behavior may vary by ethnic group. That is the task we undertake in this study.