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New York University's independent student newspaper, established in 1973.

Washington Square News

New York University's independent student newspaper, established in 1973.

Washington Square News

New York University's independent student newspaper, established in 1973.

Washington Square News

Student loan applications are a common experience faced by many university students worrying about tuition costs.  A recent report comparing NYU, Howard University, and New Mexico State has shown that students attending predominantly black or hispanic-serving institutions face higher costs from private companies determining creditworthiness. (Staff Photo by Jake Capriotti)

Report Reveals Discriminatory Practices on Students’ Loans

Using NYU as one metric, the Student Borrower Protection Center report found that private companies’ use of educational data could negatively impact students’ loan rates at historically Black colleges or universities and Hispanic-serving institutions.
Emily Mason, News Editor March 2, 2020

Black and Latinx university students may receive worse rates on their loans due to the use of educational data by private companies to establish credit worthiness, according to...