Latinos’ Student Loan Debt and the Implications: Delaying the American Dream

Today, more Latinos are attending college than ever before. During the 2012 academic year, there were 2.4 million Latinos enrolled in college, comprising 19% of the total college-going population. Despite this surge in college enrollment, only 9% of the total Latino population between the ages of 25 and 29 holds a bachelor’s degree. This paints a bleak picture for Latinos as they strive for the American Dream, as enrolling in college without attaining a degree will not necessarily facilitate upward socioeconomic mobility. Further, Latino college students are also grappling with this generation’s greatest financial burden—student loan debt.

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Latinos’ Student Loan Debt and the Implications: Delaying the American Dream

Today, more Latinos are attending college than ever before. During the 2012 academic year, there were 2.4 million Latinos enrolled in college, comprising 19% of the total college-going population. Despite this surge in college enrollment, only 9% of the total Latino population between the ages of 25 and 29 holds a bachelor’s degree. This paints a bleak picture for Latinos as they strive for the American Dream, as enrolling in college without attaining a degree will not necessarily facilitate upward socioeconomic mobility. Further, Latino college students are also grappling with this generation’s greatest financial burden—student loan debt.

Read more