Racial disparities in education debt burden among low- and moderate-income households

By Michal Grinstein-Weiss, Dana C. Perantie, Samuel H. Taylor, Shenyang Guo and Ramesh Raghavan. This study is one of the first to evaluate whether racial disparities in education debt extend to a low- and moderate-income (LMI) population. With data from a national sample of LMI households in the Refund to Savings study (N = 17,684), we employ a two-part modeling approach with a matching-estimator robustness check to estimate racial and ethnic variation in education debt. More...