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Black students have 68.2 percent more student loan debt than white students when they graduate from college, according to a recent study by researchers at Dartmouth College. The study, published in the journal Race and Social Problems, found that black students are more likely to attend pricey, for-profit institutions, and they’re not as protected by their parents’ wealth. The average net worth of white parents is $174,841, which is nearly four times higher than the $48,494 average net worth of black
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They are also less likely to receive scholarships or endowments, as well.
It sucks not being white.
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