The situation is even more dire for minorities. According to the New York-based Roosevelt Institute, 20 years after graduating, 94% of the median white borrower has paid off his or her student debt. The numbers are reversed for African Americans: 95% still owe money a generation after they threw their mortar boards in the air at the end of the pomp and ceremony of graduation.One year after completing graduate school, black women owe US$75,085.58. Asian women owe slightly less, at US$70,797.01, while American Indian and Alaska Native women owe US$61,830.45. A year after graduation, black people earn 10% less than do whites, meaning that black women earn almost 20% less than do white male graduates of the same year.
https://www.universityworldnews.com/post.php?story=20220520153608747
