How student loan debt disproportionately hurts Black borrowers
Episode details
Episode description
Americans, in total, owe nearly $1.75 billion in student loan debt, with more than 44 million people owing, according to a 2020 NAACP report. Though President Joe Biden announced on April 6 that he will again extend relief for federal borrowers, pushing the payment start date back to Sept. 1, his administration hasn’t yet taken any substantial steps toward permanent relief. That leaves many Americans stuck with thousands of dollars of debt, hindering their abilities to plan for the future and invest in assets that would help grow intergenerational wealth. This is particularly damaging for Black Americans, as systemic inequities often hinder the ability to compete on a level playing field in the workplace. Digital Anchor Nicole Ellis speaks with Professor Jalil Mustaffa Bishop, assistant professor of education at Villanova University, on Wednesday, April 13 at 12 p.m. EST about his research on student loans and what borrowers can do push for debt relief and a better education funding systems for the future. This video was produced by Casey Kuhn and Yasmeen Alamiri. Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG Find more from PBS NewsHour at https://www.pbs.org/newshour Subscribe to our YouTube channel: https://bit.ly/2HfsCD6 Follow us: Facebook: http://www.pbs.org/newshour Twitter: http://www.twitter.com/newshour Instagram: http://www.instagram.com/newshour Subscribe: PBS NewsHour podcasts: https://www.pbs.org/newshour/podcasts Newsletters: https://www.pbs.org/newshour/subscribe
Watch also from the same channel
More episodes from this channel
You might be interested in
