In 2020, Black graduates took on the most student loan debt in the United States, borrowing an average of 58,400 U.S. dollars after four years of completing a bachelor's degree. In comparison, Hispanic graduates borrowed an average of 41,700 U.S. dollars after four years of completing a bachelor's degree.
Average student loan debt after four years of completing a bachelor's degree in the United States in 2020, by race/ethnicity and Pell Grant receipt
(in U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
NCES. (May 31, 2023). Average student loan debt after four years of completing a bachelor's degree in the United States in 2020, by race/ethnicity and Pell Grant receipt (in U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/222453/average-us-students-undergraduate-student-loan-debt-by-race-or-ethnicity/
NCES. "Average student loan debt after four years of completing a bachelor's degree in the United States in 2020, by race/ethnicity and Pell Grant receipt (in U.S. dollars)." Chart. May 31, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/222453/average-us-students-undergraduate-student-loan-debt-by-race-or-ethnicity/
NCES. (2023). Average student loan debt after four years of completing a bachelor's degree in the United States in 2020, by race/ethnicity and Pell Grant receipt (in U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/222453/average-us-students-undergraduate-student-loan-debt-by-race-or-ethnicity/
NCES. "Average Student Loan Debt after Four Years of Completing a Bachelor's Degree in The United States in 2020, by Race/Ethnicity and Pell Grant Receipt (in U.S. Dollars)." Statista, Statista Inc., 31 May 2023, https://www.statista.com/statistics/222453/average-us-students-undergraduate-student-loan-debt-by-race-or-ethnicity/
NCES, Average student loan debt after four years of completing a bachelor's degree in the United States in 2020, by race/ethnicity and Pell Grant receipt (in U.S. dollars) Statista, https://www.statista.com/statistics/222453/average-us-students-undergraduate-student-loan-debt-by-race-or-ethnicity/ (last visited November 21, 2024)
Average student loan debt after four years of completing a bachelor's degree in the United States in 2020, by race/ethnicity and Pell Grant receipt (in U.S. dollars) [Graph], NCES, May 31, 2023. [Online]. Available: https://www.statista.com/statistics/222453/average-us-students-undergraduate-student-loan-debt-by-race-or-ethnicity/