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. And it’s worsened over the past decade, during which $700 billion—over 40 percent—of student debt accumulated.
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