Here is a long article published last week in the Boston Globe:

LINK: The College Debt Crisis is Even Worse Than You Think.

It raises a lot of tough questions about the role college plays in escaping poverty. It’s a tough subject. I’m speaking tomorrow to 25 students on the risks minority students face when taking out student loan debt. In my talk I highlight ‘Layers of Risk‘, including the graph you see here. When you combine layers of risk, the stakes change. For example in the graph, you’re slightly more financially healthy as a black male then a white female – primarily because of the Gender Pay Gap. But when you add an additional layer of risk – being a black female, the numbers jump. Add additional layers of risk like being born into poverty and the numbers jump further.

Email me with thoughts or questions.