[Daily Caller] The majority of historically black colleges’ graduates haven’t paid a single dollar of their student loan balance in the first several years of leaving school, federal data shows.Democratic presidential candidate Sen. Elizabeth Warren’s college plan reserves $50 billion for minority-serving schools.
The majority of the 100 schools with the worst rate of three-year student loan repayment are historically black colleges and universities (HBCU), but only 5 percent of schools are HBCUs, The Wall Street Journal reported April 17.
Warren ‐ a former Harvard Law School professor ‐ proposed setting aside $50 billion for HBCUs and minority-serving institutions April 22. The HBCU proposal is part of Warren’s broader plan to have the government forgive existing student loans and pay for tuition moving forward.