According to a recent study, this developing loan burden isn’t equally shared between the sexes. Only 39% of male pupils take out loans, and women rack up an average student loan debt $1,500 higher than their male counterparts do. With an average student loan debt of $30,000, the highest of any group reported in the analysis, 57% of African-American women who have student loans reported an inability to satisfy essential expenses over the previous twelve weeks. The joint AAUW studies show that women will probably maintain a disproportionate share of student loan debt for many years to come, so it’s even more important for today’s female collegians (and also those of their near future) to examine their college education with an eye to a return on investment. While the AAUW report highlights the need for policymakers to assist in taking away the demand for student loans and inventing alternate repayment techniques, as a female pupil, it is your responsibility to evaluate whether your level will be worth the money you borrow so as to pay for it.
source http://www.nwsuburban-bankruptcy.com/women-dominate-student-loan-lending/
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