Financial aid still comes with crippling debt for some UC students, study finds
“Students of color and low-income graduates are up to three times more likely to take on student loan debt than their white and wealthy peers at University of California schools, a new study from The Institute for College Access and Success and the University of California Student Association found. Despite UC’s robust financial aid offerings, the groups discovered that 67 percent of African-American and 66 percent of Latino graduates walked away with loan debt, far surpassing 40 percent of their white counterparts and well above the 50 percent average for all students.”