Minority faculty have increased financial need as they may be breadwinners for immediate and extended family. Efforts need to be made at the college and medical school level to reduce student debt, and more incentives targeting minority graduates are needed to grow the minority faculty population.ĭebt affects minority students throughout their careers and has been shown to affect academic medical faculty. This is an alarming trend, considering that these are undergraduate figures.

4 Minority students have higher student loan debt ($28,692 for black students versus $24,742 for white students versus $22,886 for Hispanic students). According to a 2012 report by the Center for American Progress, student loan debt disproportionately affects minority college students. 1–3 However, there is another looming issue that plagues many minority households: student debt. Racism, diversity pressures, lack of mentorship, and isolation have been identified as concerns affecting recruitment and retention of minority faculty.

Fsu endnote for students