UPDATE 1-Black student loan borrowers are defaulting at nearly twice the rate of whites -NY Fed
Student loan borrowers from mostly black
neighborhoods are almost twice as likely to default on their
debt as borrowers from neighborhoods that are mostly white,
according to research released Wednesday by the Federal Reserve
Bank of New York.
neighborhoods are almost twice as likely to default on their
debt as borrowers from neighborhoods that are mostly white,
according to research released Wednesday by the Federal Reserve
Bank of New York.
Posted by Reuters
