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NY FED REPORT ON STUDENT DEBT REQUESTED BY SENATOR BOOKER DETAILS SIGNIFICANT RACIAL DISPARITIES

[Education News\Student Debt]
Seth Frotman, Executive Director of the Student Borrower Protection Center: “This is a devastating indictment of the toll student debt is having on communities of color across the nation. I commend Senator Booker for his tireless work to protect borrowers and for his recognition that the student debt crisis is a critical civil rights issue. It is outrageous that the CFPB, which is charged with protecting borrowers from discrimination, has rolled back its critical oversight work of the student loan industry.”
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