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by Charles Dervarics , July 13, 2007

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All four groups reported borrowing more money in 1995-96 compared to 1992-93. The average borrowing among African Americans increased from $9,489 to $14,246, while borrowing for Hispanics rose from $8,146 to $11,910.

More college students in each group also worked to help pay for college in 1995-96 than they did previously.

For more information about the study, Higher Education: Students Have Increased Borrowing and Working to Help Pay Higher Tuitions, GAO/HEHS-98-63, contact the GAO at P.O. Box 37050, Washington, DC, 20013; or call (202) 512-6000.

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