Inside Higher Ed
By Andrew Kreighbaum
May 15, 2018
A federal loan program designed to help parents finance their children’s college education is seen by many as a tool for access, but it may be exacerbating racial inequality, New America argues in a new report.
While white Americans who use the loan program, known as Parent PLUS, are primarily the middle- and upper-class families it was designed for, it is also heavily used by low-income African-American families with the least ability to repay, the report finds.
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