I still think a major component of it it probably has to do with a higher percentage of blacks simply don’t finish college.
“Black students who graduated in 1992–93 school year had an overall default rate that was over five times higher than white students and over nine times higher than Asian students. The differences for Hispanic students are not as large, but are still substantial. Hispanic students’ overall default rate was over twice that of white students and four times higher than Asian students. And these differences cannot be fully explained by differences in borrowing patterns or salaries. The 1994 percentage of monthly income going to student loan payments—an indication of both how much debt a student has and their earnings—was actually lowest for Hispanic students and only slightly higher than average for black students. ...
The median monthly loan payment as a percentage of monthly income in 1994 for recent 1992–93 graduates was 6.7 percent for the United States as a whole, 7.4 percent for Asian students, 7.2 percent for black students, 5.3 percent for Hispanic students, and 6.8 percent for white students.”
Yes, the next post down indicated I saw that after the fact.
““Black students who graduated in 1992–93 school year had an overall default rate that was over five times higher than white students and over nine times higher than Asian students.”
In Texas, the legislators are intentionally getting blacks to fail as they mandate a certain number of blacks into the public university system in the name of ‘diversity’(but is actually affirmative action).
Blacks with low SAT scores are allowed enrollment if they graduate in the top 10% of high school class, in preference to much better qualified non-blacks.
No surprise what happens: a lot of the weaker students are weeded out in the first year and those better qualified students who had to attend another school the first year finally can come in to replace the failures.
This is unabashed racism and discrimination by our Texas legislators.