5/21/18
Student debt is on its way to becoming a universally American problem, but there’s more evidence to indicate that it’s a particularly acute challenge for women. The gap between the amount of debt shouldered by male and female graduates has nearly doubled in the past four years, according to a report released Monday by the American Association for University Women. On average, female bachelor’s degree recipients graduated with $2,700 more in debt in 2016 than their male counterparts. That’s up from about a $1,400 gap in 2012. The data adds to the growing body of evidence — much of which has been published by AAUW — that student debt is a women’s issue. Although they make up just 56% of American college students, women hold nearly two-thirds of America’s outstanding student debt, or about $890 billion, and take longer to pay it off. There are a variety of reasons why this is the case, according to Miller. For one, women typically have to rely more on loans to finance college because they earn less from their work before they enter college (if they have a job before they start) and while they’re in school.
And once women graduate college, the gender pay gap continues to play a role. Women working full-time with college degrees earn 26% less than their male colleagues, according to AAUW, delaying their efforts to repay their loans. On average, men paid off roughly 38% of their student between one and four years of graduating college, while women only paid off 31%. All of this means that women aren’t reaping as much financially from their degrees as men, though they’re attending college in higher numbers. That dynamic is the result of a complicated mix of factors, Miller said. Women are getting more degrees because they recognize that they need more education to match men’s earnings, Miller said. But they need to go into debt, and more debt than men, on average, to do so.
Women’s student debt will soon hit $1 trillion
Student debt is an ever increasing problem that weighs on the shoulders of college graduates for many many years.
University debt is both a mens and a womens issue, trying to make it a womans issues goes to show how intellectually bankrupt we are now.
Just reading the first sentence would have been enough to maybe stop you from highlighting your ignorance.
"Student debt is on its way to becoming a universally American problem, but there’s more evidence to indicate that it’s a particularly acute challenge for women."
That evidence stuff, it sure is a bugger for some, ain't it?
Women’s student debt will soon hit $1 trillion
Student debt is an ever increasing problem that weighs on the shoulders of college graduates for many many years.
it sucks. we're pricing kids out of education, and society is suffering because of it.
If I make a title "blacks have it unfair", but then only talk about economic disparity for working class, benign of race....
Wouldn't a little push back be expected? I mean, I believe that would be called baiting.
And tuitions would drop. Since the gov't pays it is whatever the traffic will bear. It's a great business./well clearly we're not pricing people out of education since college enrollment is almost 40% higher then 20 years ago. I don't call that being priced out. society is only suffering because we're guaranteeing loans. pull the government out of loans and grants and this problem corrects itself
And tuitions would drop. Since the gov't pays it is whatever the traffic will bear. It's a great business./
well clearly we're not pricing people out of education since college enrollment is almost 40% higher then 20 years ago. I don't call that being priced out.
society is only suffering because we're guaranteeing loans. pull the government out of loans and grants and this problem corrects itself
I work with a bunch of kids, and most of them are in debt up to their noses. "Getting the government out" isn't going to fix it.
no you don't, kids are not legally allowed to sign for debt, so you work with no "kids" who are in debt up to their noses. This is a big distinction, adult decisions made as an adult must be treated like adults.
Yes, getting the government out will fix everything because without state backed security the college loan lenders wouldn't loan money to an 18 year old (who's not a kid,) with no assets and is seeking money for a degree that can't provide employment adequate to repay the loan. you would either need security or a means to convince a lender they will see their money plus interest back.
no you don't, kids are not legally allowed to sign for debt, so you work with no "kids" who are in debt up to their noses. This is a big distinction, adult decisions made as an adult must be treated like adults.
Yes, getting the government out will fix everything because without state backed security the college loan lenders wouldn't loan money to an 18 year old (who's not a kid,) with no assets and is seeking money for a degree that can't provide employment adequate to repay the loan. you would either need security or a means to convince a lender they will see their money plus interest back.
Women’s student debt will soon hit $1 trillion
Student debt is an ever increasing problem that weighs on the shoulders of college graduates for many many years.
Women’s student debt will soon hit $1 trillion
Student debt is an ever increasing problem that weighs on the shoulders of college graduates for many many years.
post secondary education and job training should be treated like high school. a hundred years ago, there were probably a bunch of people saying that we couldn't do that, either. we can, and we did.
No, it shouldn’t. Post secondary education is more costly and less necessary. Education is subject to the law of diminishing returns. Whatever arguments occurred a hundred years ago are irrelevant to current policy.
Studies have shown the majority of college graduates don’t work within their major, that academic rigor has been lessened to accommodate more students, that the majority of jobs require either no college or specialized training where liberal arts education is a mere distraction, furthermore the cost has skyrocketed and real incomes declined which is largely due to government involvement. “They said it couldn’t be done and by god we overcame, and there’s more mountains to climb, amen brother!” is not an argument against any of that.
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