you've made this up in your mind, there are those kids, but many of them also don't have debt, their parents had college savings for them and enough money to write checks for them in the first place.
and why does it have to hit some % threshold? breh, the black folks i know, we make a lot but are saddled with student debt, how the hell is this setting up our kids for future financial success or stability? at some point, some part of our community has to be able to generate generational wealth, this will be part of the start. it's a slow crawl and every piece of the puzzle helps - higher min wage, free/low cost college, student loan forgiveness, and (the never happening) reparations
Disagree with the top part but bottom paragraph totally makes sense. We do need to start somewhere with our wealth generation.
Dap + rep