Sunday, July 15, 2018

Who shoulders most of nation's $1.48 trillion in student debt? Women - 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