Historical wealth obstacles compound to make college debt burdens race-skewed.

Evidence

The drastic disparity in student loan debt, like most components of the wealth gap, doesn’t exist in isolation: The obstacles to wealth building black families have historically experienced, and continue to experience, all contribute to why black students take on more student loans than their white peers and take longer to pay them back. But the way black students experience college gives the lie to another beloved American folk legend: that higher education (like homeownership) is the ticket to a financially secure future. — Dorothy A. Brown, The Whiteness of Wealth, 257

Categorization

• XREF: connects to: Student loan debt explains a growing share of the racial wealth gap with age — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 331; College degrees do not close the racial wealth gap — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 344; The tax system’s college financing incentives benefit whites and enlarge the racial wealth gap — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 331 (+6 more)
• yield-rescued: below the book’s yield-target cutoff, included anyway for connecting to: Student loan debt explains a growing share of the racial wealth gap with age — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 331; College degrees do not close the racial wealth gap — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 344; The tax system’s college financing incentives benefit whites and enlarge the racial wealth gap — Dorothy A. Brown, The Whiteness of Wealth: How the Tax…, 331 (+6 more)

Broader Connections

• Student loan debt explains a growing share of the racial wealth gap with age #expands (0.93) — Dorothy A. Brown, The Whiteness of Wealth, 331