The student loan debt crisis has been a central focus of the Biden Administration, and with good reason. Americans’ collective student loan debt is second only to our outstanding mortgage debt. But as researchers and commentators have pointed out, that debt load is proportionally higher among women and Black people, adding more financial stress to the lives of folks who already have lower incomes and net worth compared with their white male peers. Because of these factors, student loan debt exacerbates inequalities in American society, including racial inequality. [time-brightcove not-tgx=”true”] While college loan debt is defined as a 21st century problem, history shows us that
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