Student Loan Debt Is Costing Recent Grads Much More Than Just Money
Kate Padgett Walsh, Dalié Jiménez, and Raphaël Charron-Chénier, The Conversation
President Joe Biden promised to forgive up to $10,000 in student loan debt during his 2020 campaign. Now, a few months into his presidency, more than 415 organizations are urging him to use his executive authority to cancel all federal student loan debt.
Several higher education leaders talk about the effects of student loans on recent graduates—and how the outsized debt burdens shouldered by Black, Hispanic, Latino, and Native American people further deepen racial wealth divides.