Accessible Version
Introducing New Detail on the Racial Composition of Families in the 2022 Survey of Consumer Finances: Implications for the Distribution of U.S. Student Loan Debt, Accessible Data
Figure 1
Figure 1a. Distribution of Families in 2022 by Respondent Racial Group and Family Composition
Share of U.S. Families
Family Composition
| Respondent Racial Group | Non-couple | Same-race Couple | Interracial Couple |
|---|---|---|---|
| White | 26.8% | 35.3% | 4.7% |
| Black | 7.4% | 3.3% | 0.8% |
| Hispanic | 3.6% | 4.4% | 1.3% |
| Other | 5.8% | 3.3% | 3.3% |
Figure 1b. Composition of Interracial Couples in 2022 by Respondent and Spouse or Partner Racial Groups
Share of U.S. Families
Spouse or Partner Racial Group
| Respondent Racial Group | Spouse or Partner White | Spouse or Partner Black | Spouse or Partner Hispanic | Spouse or Partner Other |
|---|---|---|---|---|
| White | 0.6% | 1.5% | 2.6% | |
| Black | 0.3% | 0.1% | 0.3% | |
| Hispanic | 0.9% | 0.1% | 0.4% | |
| Other | 2.5% | 0.3% | 0.4% |
Note: Legend in Panel 1a identifies series in order from left to right.
Figure 2
Figure 2a. Distribution of Student Loan Debt in 2022 by Respondent Racial Group and Family Composition
Share of U.S. student loan debt
Family Composition
| Respondent Racial Group | Non-couple | Same-race Couple | Interracial Couple |
|---|---|---|---|
| White | 12.8% | 39.4% | 7.7% |
| Black | 11.5% | 7.6% | 2.3% |
| Hispanic | 1.1% | 1.4% | 1.2% |
| Other | 5.4% | 2.9% | 6.7% |
Figure 2b. Student Loan Debt Owed by Interracial Couples in 2022 by Respondent and Spouse or Partner Racial Groups
Share of U.S. student loan debt
Spouse or Partner Racial Group
| Respondent Racial Group | Spouse or Partner White | Spouse or Partner Black | Spouse or Partner Hispanic | Spouse or Partner Other |
|---|---|---|---|---|
| White | 1.2% | 2.0% | 4.5% | |
| Black | 1.4% | 0.1% | 0.9% | |
| Hispanic | 1.0% | 0.1% | 0.1% | |
| Other | 5.1% | 0.7% | 0.9% |
Figure 2c. Distribution of Student Loan Debt in 2022 by Racial Group
Share of U.S. student loan debt
| Racial Group | Published Groupings (using respondent race) | Refined groupings (using respondent and spouse or partner's race) |
|---|---|---|
| White | 59.9% | 59.8% |
| Black | 21.4% | 21.2% |
| Hispanic | 3.7% | 4.6% |
| Other | 15.0% | 14.4% |
Note: Legends in Panel 2a and Panel 2c identify series in order from left to right.
Figure 3
Figure 3a. Average Student Loan Debt among Families with Such Debt in 2022 by Racial Group
2022 Dollars
| Racial Group | Published Groupings (using respondent race) | Refined groupings (using respondent and spouse or partner's race) |
|---|---|---|
| White | 45,900 | 46,300 |
| Black | 52,400 | 50,900 |
| Hispanic | 26,500 | 30,700 |
| Other | 51,900 | 50,100 |
Figure 3b. Median Student Loan Debt among Families with Such Debt in 2022 by Racial Group
2022 Dollars
| Racial Group | Published Groupings (using respondent race) | Refined groupings (using respondent and spouse or partner's race) |
|---|---|---|
| White | 25,000 | 25,000 |
| Black | 26,000 | 25,000 |
| Hispanic | 13,000 | 14,000 |
| Other | 25,000 | 27,000 |
Note: Legends identify series in order from left to right.