Student debt statistics, the CFPB's arbitration rule and the mounting ADA lawsuits against credit unions were at the center of reader debate on cutimes.com this past week. Here's what they had to say.
"Black Americans Twice as Likely as Whites to Default on Student Debt," Oct. 20
Is there a direct link to the data? Correlation is not causation, and it would be helpful to make sure that the conclusion this article came to is not the result of other factors. Did they adjust their results based off household income, household education level, financial aid granted, credit score before loans came out of deferment, etc.? I could imagine many other correlating factors other than race/ethnicity that could disrupt the data.
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