10 Facts on African-Americans and Student Loan Debt

A look at how Blacks are affected.

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Create a Budget - Not only will it make you more responsible with your money, but it will let you see where you can cut back so you can save even more. It will also teach you the skills you’ll need to live well on your fixed retirement income. Try You Need a Budget’s simple tool, and make your budget part of a digital financial organization system that will make all aspects of your money life easier. (Photo: JGI/Jamie Grill/Getty Images)
Improve Higher Education for Minorities  - The president supports expanding teacher education programs at historically black colleges and universities and continuing the $800 million in programs supporting these institutions. Funding for existing programs, GEAR UP and TRIO, will provide support services for students from disadvantaged backgrounds to help them complete a postsecondary education. (Photo: AP Photo/Gerald Herbert)
/content/dam/betcom/images/2012/11/National-11-01-11-15/111312-national-saving-money-marriage-debt-couple.jpgRaise It! - While lawmakers debate the pros and cons of raising the minimum wage, there's no doubt in American voters' minds about what to do. The Quinnipiac poll found that 71 percent support raising it, including 52 percent of Republicans. (Photo: Steve Cole/Getty Images)

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Debt Rises as More Black Students Enroll in College - There has been a 108.5 percent jump in African-American male enrollment, according to recent data analyzed by Ivory A. Toldson, Ph.D., of Howard University. Enrollment for African-American women is 24 percent higher than African-American men, according to research by the UNCF College Fund. By fall 2010, 21.0 million students were pursuing college, a 15 percent increase. (Photo: GettyImages) 

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