Techno-News Blog

July 17, 2018

Who shoulders most of nation’s ~$1.5 trillion in student debt? Women

Filed under: Uncategorized — admin @ 12:21 am

by CBS News
Women owe about $890 billion of the country’s $1.48 trillion student loan debt, nearly double the $490 billion owed by men, placing them at a financial disadvantage as they begin their careers, according to a recently released report from the American Association of University Women (AAUW). The study, which analyzed data from the U.S. Department Education from the 2015-2016 school year, also found that women graduating with bachelor’s degree owe on average $2,700 more in student loans than men do. Women, who account for 56 percent of enrolled college students, are far more likely than men to graduate owing money — 71 percent for female grads vs. 66 percent for male grads, according to the AAUW.

https://www.universitybusiness.com/news/who-shoulders-most-nations-14-trillion-student-debt-women

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