college debt
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.
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The presidential campaign has raised visibility on the heavy loads of debt carried by college students, but researchers just discovered something that people haven’t been talking about: the racial gap in college debt.
A new study in Children and Youth Services Review concludes that even when controlling for differences in socioeconomic status, black and Hispanic students face the prospect of more debt than white students do.
Debt from college loans makes some men and women postpone joining a religious community, according to a survey of men and women professing final vows in a religious order.
Ten percent of those who professed final vows in 2013 had an average amount of $31,000 in college debt and the average length of delay was two years, according to “New Sisters and Brothers Professing Perpetual Vows in Religious Life: The Profession Class of 2013.” The annual survey was conducted by the Georgetown University-based Center for Applied Research in the Apostolate (CARA).
Read the entire survey here.