Average student debt one year after graduation

Less than $10K

$10 to 25K

$25 to 40K

More than $40K

45%

Black

40%

30

31%

20

White

Around 45% of Black borrowers owe more than $40K

Hispanic

10

14%

Asian

10%

0

Black Borrowers Are Likely to Owe More

Average student debt one year after graduation

Less than $10K

$10 to 25K

$25 to 40K

More than $40K

45%

Around 45% of Black borrowers owe more than $40K

Black

40%

31%

30

20

White

Hispanic

14%

10

Asian

10%

0

Avg. student debt one year after graduation

Percent of borrowers with debt

0%

10

20

30

40

50

Black

Less than $10K

10%

Asian

$10 to 25K

14%

Around 45% of Black borrowers owe more than $40K

White

$25 to 40K

31%

Hispanic

45%

More than

$40K

Avg. student debt one year after graduation

Percent of borrowers with debt

0%

10

20

30

40

50

Less than $10K

Black

10%

Asian

$10 to

25K

14%

Around 45% of Black borrowers owe more than $40K

White

$25 to

40K

31%

Hispanic

More

than

$40K

45%