Graduate school borrowing accounts for nearly of student loans issued each year. Economic & Sociological Impact
: Black borrowers owe an average of $13,000 more than white borrowers 12 months after completing a bachelor's degree. Twenty years after starting college, the median Black borrower still owes 95% of their original loan, compared to 6% for white borrowers. Repayment & Forgiveness Options student loans debt
: Individuals with over $30,000 in student debt are 11% less likely to start a new business. Graduate school borrowing accounts for nearly of student
53.3% of undergraduate program completers use federal loans at some point. student loans debt