Analysis

New Demos Report Shows Higher Education’s Debt-Financed System Biased Along Class and Racial Lines

New York, NY–(ENEWSPF)–May 19, 2015.  During the next few weeks thousands of students across the country will graduate from college, an accomplishment that used to symbolize a step toward financial independence and entry into the middle class. However, unlike previous generations, today’s students will graduate with nearly $30,000 in student loans, and because they lack the resources and safety net of their peers, the costs—and stakes—are even greater for students of color and low-income students, a new Demos report finds.

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