Topic: Student loan debt just hit $1.5 trillion. Women with racks, rack this debt up.
Anonymous A started this discussion 8 years ago #76,039
About four in ten people who've gone to college have taken out loans to pay for school. But some people are taking on a lot more debt than others.Women hold nearly two-thirds of all student debt in the US, according to a report from the American Association of University Women, a group that advocates for equity and education for women and girls.
Part of the reason is that more women go to college. They represented 56% of students enrolled in the fall of 2016. But that doesn't explain the whole gender gap.
Part of the reason may have to do with cost of bras and other lingerie as needed to procure said degrees.
More women take out loans, and when they do, they borrow more money. The average woman owes $2,740 more than a man upon finishing a bachelor's degree, the report said.
Women are also repaying their debt more slowly, which can mean they're paying more in interest over time.