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.

In 2020, Black graduates still owed *** percent of their original student loan debt on average after four years of completing a bachelors degree, the only racial/ethnic group to owe an average amount that was greater than what they originally borrowed. In comparison, White bachelor's completers owed an average amount of ** percent of what they originally borrowed in student loans.

Black renters were most likely to fall behind on their rental payments, a survey conducted among over ****** Americans in October 2023. About ** percent of Black respondents who lived in a rental home reported that they were behind on their rental payments. In comparison, the average for the total population stood at **** percent.

The median combined loan to value (CLTV) ratio for conventional conforming loans generally declined between the first quarter of 2019 and the fourth quarter of 2021 then significantly increased until the third quarter of 2022 across all race groups in the United States. Asian and White mortgage applicants had, on average, lower CLTV ratios than Black and Hispanic applicants, meaning that the combined total debt on Asian and White owned property was a smaller share of the total value of their property.