This study examines differences in four-year college graduation rates across ethnicities using data from the National Longitudinal Survey Freshmen. The key findings include: - Black and Hispanic students had lower four-year graduation rates than Asian and White students. - There were significant differences in household characteristics, high school experiences, and college experiences across ethnicities. - Having a mentor on campus was more common among Black and Hispanic students, which may be related to lower rates of parents with a college education for these groups.