Lower than forty% regarding Latino participants that have a family group money regarding less than $35,one hundred thousand grabbed away college loans, compared to the almost sixty% away from light students which have below $thirty-five,000
“If only which had been something that they (would) teach you like in senior school, on the Annual percentage rate and you will playing cards and you may things such as one, just like the We would haven't removed a charge card as i is actually 18,” said McDonald. “My mommy simply informed all of us to not ever sign up for fund.”
McDonald is actually 30 and you can partnered which have a few offspring. She remains house with this lady babies and you may requires classes online on San Antonio University if you are the woman husband functions.