According to a survey conducted in 2022, Black borrowers were more likely to carry a high student loan debt balance in the United States, with 57 percent of Black borrowers having at least 25,000 U.S. dollars in student loan debt from their own education. In comparison, 45 percent of White borrowers and 39 percent of Hispanic borrowers had at least 25,000 U.S. dollars in student debt in 2022.
Share of borrowers with at least 25,000 U.S. dollars in student loan debt from their own education in the United States in 2022, by race/ethnicity
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Federal Reserve. (May 31, 2023). Share of borrowers with at least 25,000 U.S. dollars in student loan debt from their own education in the United States in 2022, by race/ethnicity [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1447757/share-of-americans-with-high-student-loan-debt-by-race/
Federal Reserve. "Share of borrowers with at least 25,000 U.S. dollars in student loan debt from their own education in the United States in 2022, by race/ethnicity." Chart. May 31, 2023. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1447757/share-of-americans-with-high-student-loan-debt-by-race/
Federal Reserve. (2023). Share of borrowers with at least 25,000 U.S. dollars in student loan debt from their own education in the United States in 2022, by race/ethnicity. Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1447757/share-of-americans-with-high-student-loan-debt-by-race/
Federal Reserve. "Share of Borrowers with at Least 25,000 U.S. Dollars in Student Loan Debt from Their Own Education in The United States in 2022, by Race/Ethnicity." Statista, Statista Inc., 31 May 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1447757/share-of-americans-with-high-student-loan-debt-by-race/
Federal Reserve, Share of borrowers with at least 25,000 U.S. dollars in student loan debt from their own education in the United States in 2022, by race/ethnicity Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1447757/share-of-americans-with-high-student-loan-debt-by-race/ (last visited September 20, 2024)
Share of borrowers with at least 25,000 U.S. dollars in student loan debt from their own education in the United States in 2022, by race/ethnicity [Graph], Federal Reserve, May 31, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1447757/share-of-americans-with-high-student-loan-debt-by-race/