The default rate of black graduates is significantly higher than the default rate for first generation, low-income graduates (13 percent, not shown in table). Scott-Clayton and Li (2016) provide evidence that poorer labor market outcomes and for-profit enrollment at the graduate level contribute to high rates of default among black college graduates.
the world outside the for-profits
The high concentration of defaults in the for-profit sector raises the question: how different would the overall patterns look, if we set aside the for-profits? Continue reading “The outcomes of black BA graduates cannot be explained solely by lower levels of parental income or education”