Your zip code determines your experience with student debt

Source: Jillian Berman, MarketWatch

Borrowers living just a few blocks away from one another can have vastly different experiences with their student loans and that wide gulf in outcomes corresponds strongly with the racial makeup of a neighborhood.

That’s the conclusion of an analysis by the Student Loan Borrower Protection Center, a nonprofit that advocates for policies that would help alleviate the nation’s student-debt crisis.  Because Black students and their families have less wealth to draw on when paying for college they likely have to borrow more.

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