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Senator Elizabeth Warren raised eyebrows across social media Monday when she suggested “black borrowers” are unable to pay down their “original debt” and owe more than “white borrowers.”
“20 years after taking out their student loans, the typical white borrower owes just 6% of their original debt. But the typical Black borrower? 95% of their original debt. Student debt is a racial justice issue and it’s time for
to #CancelStudentDebt,” posted Warren on Twitter.
Read her full statement above.