We examined patterns and sociodemographic correlates of financial characteristics and behaviors among emerging and young (18-34-year-old) student loan borrowers. Employing latent class regression modeling on a subset of the 2018 National Financial Capability Study (N=1,490), we explored a heterogeneous constellation of patterns in these borrowers' financial characteristics and behaviors. Results indicated four distinct classes of financial characteristics and behaviors: financially strained (20.8%), financially balanced (29.2%), financially capricious (20%), and financially vulnerable (30.1%). Gender, race, and education were found to be consistently correlated with financial characteristics and behavior patterns. Marital status, income, employment, and welfare services use were found to be associated with some but not all latent classes. Findings have implications for financial planners and counselors and can help them detect distinct patterns of financial characteristics and behaviors among young student loan borrowers and customize their intervention programs to mitigate the negative consequences of student loan delinquency and default. [The publication year (2025) shown on the cover page is incorrect. The correct publication year is 2024.]