The Heritage Foundation - Conservative Policy Research and Analysis

< return to chapter four home |

Table 4.5: Average Student Loan Amounts Borrowed and Still Owed by Families of Four

Family Type	Total Borrowed	Total Still Owed
All Families of Four
Married, 2 Children	$ 987	$ 753
Total, All Families of Four	990	566

White
Married, 2 Children	1256	937
Total, White Families of Four	1158	680

Black
Married, 2 Children	510	461
Total, Black Families of Four	637	238

Hispanic
Married, 2 Children	321	261
Total, Black Families of Four	174	44

Source: Survey of Current Finances, 1995
Note: Amounts in 1995 dollars.
Hispanics may be of any race.