A stacked bar chart showing that borrowers who live in neighborhoods of color were more likely to have multiple student loan defaults.
Notes: BIPOC = Black, Indigenous, and people of color. Figure includes borrowers who cured their defaults between August 2019 and August 2021. A neighborhood has a predominant race/ethnicity if at least 60 percent of its residents are part of the named group. Data on defaults go back to 2010, so if a borrower defaulted before 2010 and once after 2010 they are included in the "one default" group.