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Get updates on economics from Brookings. To the extent that black-white debt disparities are driven by higher rates of graduate enrollment, is this a problem to solve or a sign of progress to celebrate? Among the cohort, black graduates were just as likely as white graduates to be employed four years later 90 percent versus 89 percent and slightly more likely to be employed full-time 87 percent versus 81 percent. As we will show, this concern is well-justified. Many of these individuals graduated from college long ago; thus, changes in enrollment that occur among recent cohorts will be muted when combined with older cohorts.

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