Cancelling Student Debt Is Necessary for Racial Justice
NonProfit Quarterly
DECEMBER 1, 2022
For decades, student loans have been a huge moneymaker for the federal government, which holds over 90 percent of all student debt in the US. Black women struggle to manage repayment. Racist public policy created it, and we will need bold structural solutions to fix it.” Black men owed 111 percent of the amount borrowed.
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