Student loan debt is often thought of as just something everyone has to deal with. For most Americans, attending college means having student loans, but does everyone have the same opportunity to get student loans? What’s more, does everyone have the opportunity to get the best interest rates? You may be surprised to know the truth about student loans as they pertain to minorities in the United States.
While the obvious answer may be “yes”, there is a growing concern among many college students (current and former) that they will never be free of this burden. The United States cannot count itself among the several developed countries that offer virtually free college education. Crushing student loan debt is stopping many millennials from buying cars, homes, and even basic necessities.