President-Elect Joe Biden And Vice President-elect Kamala Harris Announce Miguel Cardona As Hhe Nominee For Education Secretary
Miguel Cardona, Education Secretary. Credit: Joshua Roberts/Getty Images
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Almost 70% of Latino student borrowers have current debt, says a report by the Education Data Initiative. The same report says that Latino borrowers were “the most likely” of any race or ethnic group to delay marriage and children because of student loan debt, and are the second-most likely (after Black Americans) to borrow high amounts from private lenders – close to 70% of Latino students who borrow from private lenders take out loans of $40,000 or more.
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