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The Stark Racial Inequity of Personal Finances in America

The Stark Racial Inequity of Personal Finances in America

This New York Times article on the wealth disparity between Black and white Americans cites CCRC Senior Research Scholar Judith Scott-Clayton's work on the racial discrepancies in student debt. Scott-Clayton found that Black bachelor's degree holders are more than five times as likely to default on their student loans than their white peers.

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