Black People Have Higher Student Debt

I am re-purposing this post.  

 

According to Finance Professor Dr. Boyce Watkins, student loan debt is now the second highest form of debt in America, behind mortgages.  

 

Even worse, over half of all black college graduates have defaulted on their loans, causing the economic pain to be worse for our community than for others.

 

The Black/white student debt disparity TRIPLES after graduation, according to the Brookings Institute.  Students from our communities are more likely to take out student loans, and their student loans tend to be higher. However, there is a way to Avoid Student Debt.  

As I said in my blog post, Millennials Will Die in Debt, my ebook Shaking the Money Tree contains proven, effective methods for raising funding for your education. The experts I interviewed in Shaking the Money Tree explain step-by-step how to raise the money you need. One of my interviewees, Derek Hayes, had raised $500,000 for his fellow students at the time I interviewed him – I am sure he has raised much more than that by now.

Plus, download my free report, Avoid Student Debt. 

Download Shaking the Money Tree today – it can save you thousands.

Here's to your success!

Dr. Boyce Watkins: Millennials Will Die in Debt

Dr. Boyce Watkins

If you are a millennial, or the parent of a millennial, and you want to avoid building up a mountain of student debt, you need to read my ebook Shaking the Money Tree.

According to Dr. Boyce Watkins, millennials will be the first generation of people to die in debt.

There have always been people who have died in debt.  People used to die in debtors' prisons.  Sharecroppers routinely died in debt to their landlords.

What he is really focusing on is student debt.  I think what he means is that there is a whole generation of people who will die still trying to pay off their student debts, and bequeathing those debts to those who inherit their estates.

This is a terrible shame.  However, there are lots of ways to avoid this fate.

Shaking the Money Tree shows  you proven, effective methods for raising funding for your education.  It takes you through the process step by step.

OR download my free report, Avoid Student Debt.  

PLUS, Want to know the 10 easiest student businesses to start?  Go here to download my free report now. 


Like Dr. Watkins, I am committed to empowering the Black community.  I do agree with Dr. Watkins when he says that Black people simply do not have the same opportunities white people do.  Even if we have a quality education, we cannot count on having the same earning power.

But I think EVERYONE has the right to an education.  If you choose to attend university and get a degree, you should be able to do so without building up a mountain of debt.

Here's to your success!

Dealing with the Stuff We Don't Want to Talk About

Dealing with debt collectors - click here to watch the video.

We have loads of free resources over the next few days. What's causing your debt? You are blocking your abundance. Let go of the past. Click here for the Tapping World Summit now.

See also: Connecting with Success.

Using EFT for Money, Abundance and Success.

You deserve success.