Just how bad has the student loan burden become? Rhetoric of crisis dominates the current popular discourse, while a few voices call for calm, noting that the average amount of student indebtedness is roughly equivalent to the price of a new car. Obscured by the dueling perspectives and the attention-grabbing headlines, though, is a more disconcerting picture revealing that all groups and types of students do not carry the growing debt burden equally: Lower-income households, women, and students of color are most affected by the mounting debt.
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