The $40-million Morehouse Loan Payoff Illuminates Student Debt Crisis for Black Grads

The student debt crisis in America is currently at its worst, making it more difficult for minorities, specifically African Americans, to attend four year colleges — especially private institutions as Morehouse College. It is estimated the average full-time tuition at Morehouse was $25,368 in the latest academic year. But with other expenses like room and board, books, and fees, the total can be above $48,000.