Women and Debt

Right now about 44 million borrowers in the United States hold about $1.3 trillion in outstanding student loans. The scale of outstanding student loans and an increasing share of borrow­ers who fail to repay have made many Americans aware that student debt is a challenge for society and for individual borrowers. Yet despite the fact that women represented 56 percent of those enrolled in American colleges and universities in fall 2016, many people do not think of student debt as a women’s issue. The Graduating-to-a-pay-gap-the-earnings-of-women-and-men-one-year-after-college-graduation [download  the PDF] reveals that women also take on larger student loans than do men. And because of the gender pay gap, they have less disposable income with which to repay their loans after graduation, requiring more time to pay back their student debt than do men. As a result, women hold nearly two-thirds of the outstanding student debt in the United States — more than $800 billion.

This colorful, accessible executive summary makes it easy to share some of the key themes of the report and spark discussion in your community. Download deeper-in-debt-onepager as a companion piece to the full report or as a conversation starter at an event. You can also read the full study deeper-in-debt as a PDF download.

Solving the equation describes career difficulties of professional women in engineering and computing fields. For the executive summary Solving-the-Equation-executive-summary-nsa

 

12/2020