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Download full textFletcher, Katherine E.; Fuller, Matthew B. – Journal of Student Financial Aid, 2021
The racial differences in student loan debt must be interpreted through a lens of wealth building inequality. Black individuals in particular are negatively affected by official and unofficial policies that create barriers to building wealth. Financial aid policies then exacerbate this inequality with an Expected Family Contribution (EFC) formula…
Descriptors: Student Financial Aid, College Students, Debt (Financial), Racial Differences
