Survey: Student loan holders are more likely to be women and people of color

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About 24% of Black adults say they have federal student loan debt, compared to 15% of Hispanic, 14% of White, and 11% of Asian adults, according to a CNBC + Acorns survey. - NBCBLK

conducted by Momentive, 68 percent of U.S. adults have debt, 15 percent have federal student loan debt, and women and people of color are disproportionately represented in these groups. Momentive surveyed 5,162 American adults between Jan 10 and Jan 13 online to get a better picture of the communities most impacted by student debt.

Women are also more likely than men to have student loan debt, and this trend can be seen across races. In fact, the survey results suggest that 11 percent of white men, 17 percent of white women, 15 percent of Black men, 31 percent of Black women, 10 percent of Hispanic men and 19 percent of Hispanic women have student debt.According to the American Association of University Women , women hold roughly two-thirds of all student debt in the United States.

 

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