The Higher Cost of Higher Ed for Americans of Color

The Higher Cost of Higher Ed for Americans of Color

By WNYC Studios

Student loans for higher education promises immigrants and people of color access to the American Dream — but at what cost?

Higher education has traditionally been a pathway to achieving the American Dream for people of color and immigrants, but the high cost of tuition has resulted in a deepening of the wealth divide as student debt continues to create an economic crisis. Borrowers, including show producer Rahima Nasa, share their stories of how student loan repayment drastically changed their financial picture. Plus, policy expert and author of The Sum of Us: What Racism Costs Everyone and How We Can Prosper Together, Heather McGhee, joins host Kai Wright to discuss federal forgiveness efforts and what else the U.S. government could do to promote economic equality with respect to racial justice. 

Companion listening for this episode:

The Promise and Failure of Cryptocurrency (7/11/2022)

Cryptocurrency promised to democratize the financial world by giving people equal access to banking tools. It has potential, but also a long way to go.

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