Study: Student loans hamper wealth accumulation among black, Hispanic adults

(University of Illinois at Urbana-Champaign) Graduating college with student loan debt hampers wealth accumulation and asset building among black, Hispanic adults much longer than previously thought -- at least until age 30, University of Illinois social work professor Min Zhan found in a new study co-written with Illinois alumna Xiaoling Xiang, now a professor of social work at the University of Michigan.
Source: EurekAlert! - Social and Behavioral Science - Category: International Medicine & Public Health Source Type: news