As a way to most useful comprehend the scholar financial obligation land inside Boston, i introduced the internet survey to Boston residents. I gotten 777 answers of across the Urban area. Demographically, our answers is actually skewed to the people (75%) and you will renters (87%). Most the latest respondents try white (57%), Black/African american (15%), and Hispanic/Latinx or Language provider (17%). 87% off participants is actually tenants, whenever you are simply 11% try home owners.
26% possess more than $70,000 in public places finance and you may twenty four% has actually over $70,100000 independently loans. 47% of your Respondents aren’t enrolled in one Repayment Package, 37% is enrolled in a full time income-Inspired Payment Bundle and simply sixteen% are enrolled in Public service Mortgage Forgiveness. Continue reading