Share of Americans with at least 25,000 U.S. dollars in student debt 2023, by race

Published by
Veera Korhonen,
Dec 5, 2024

According to a survey conducted in 2023, Black borrowers were more likely to carry a high student loan debt balance in the United States, with 52 percent of Black borrowers having at least 25,000 U.S. dollars in student loan debt from their own education. In comparison, 41 percent of White borrowers and 37 percent of Hispanic borrowers had at least 25,000 U.S. dollars in student debt in 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 2023, by race/ethnicity

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Release date

May 2024

Region

United States

Survey time period

October 20 to November 5, 2023

Number of respondents

11,488 respondents

Age group

18 years and older

Method of interview

Online survey

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Statistics on " Student loan debt in the United States "

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Topics

Student loan debt in the United StatesColleges and universities in the United StatesThe cost of college in the United StatesSaving for college in the U.S.Community colleges in the United States
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