Study Links Debt To Black Graduation Rates

Career College Central summary:

  • New research from the University of Illinois at Champaign-Urbana finds that family debt can be a negative factor in determining whether students will graduate. But the study — by Min Zhan, a social work professor, and Deirdre Lanesskog, a doctoral student — found that the negative impact was far more powerful for black students.
  • “The magnitude of the association indicates that family debt hurts black students’ chances of graduating much more than it hurts white students’ chances of graduating," said a statement from Zhan. "The overall debt-to-assets ratio was much higher – nearly 50 percent higher – among black families than white families, which may explain why debt had a stronger negative impact on black students.”

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