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Economy
Student loan debt just hit $1.5 trillion. Women hold most of it
2018-07-05
h/t Instapundit
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.

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.
Posted by:g(r)omgoru

#17  It starts in kindergarten, JQC
Posted by: g(r)omgoru   2018-07-05 16:05  

#16  56% of students enrolled in the fall of 2016. Women account for more debt than men.

Are universities sexist in their admissions and loan policies?
Posted by: JohnQC   2018-07-05 15:48  

#15  Federal government should start cutting the amount they give out in student loans in the first place. It was easy access to student loans that encouraged universities to raise costs and started this debt cycle in the first place.
Posted by: rjschwarz   2018-07-05 14:43  

#14  The "studies" social activism courses are often required for "diversity" even when getting a STEM degree.

STEM degrees nowadays are not that they used to be, Frank G.
Posted by: g(r)omgoru   2018-07-05 10:31  

#13  The "studies" social activism courses are often required for "diversity" even when getting a STEM degree. Subsidies for liberals
Posted by: Frank G   2018-07-05 10:03  

#12  ..I suspect those women already were in her vote count.
Posted by: Procopius2k   2018-07-05 09:50  

#11  #6 Mike *Still truly amazed that Hilary! never touched this issue. If she'd have gone for it, she'd be swigging martinis in the Oval Office now.

One more reason to believe in the Allmighty.
Posted by: JohnQC   2018-07-05 09:31  

#10  Not surprising. More women go to college and most of them take degrees that don't pay shit in the real world.

As it has been mentioned, expect this to be a serious socialist election topic in the future.
Posted by: DarthVader   2018-07-05 09:25  

#9  A bailout would have disparate impact.
Posted by: Bright Pebbles   2018-07-05 08:57  

#8  You think they want 'equality'? Guess who they expect to bail them out?
Posted by: Procopius2k   2018-07-05 08:34  

#7  If you think a black man will vote for a white woman who offers to eliminate student debt to benefit white women, think again.
Posted by: Clurong Peacock9529   2018-07-05 07:50  

#6  ...Pressure is slowly building for either a bailout or forgiveness of the student loan disaster. Since we're talking about a trillion and a half dollars - serious money even by Washington standards, a forgiveness ain't happening and it's unlikely we'll see any real changes to keep people from digging themselves in that deep - so look for whoever runs for the Dems in 2020 to pick this up and run with it.*

Mike

*Still truly amazed that Hilary! never touched this issue. If she'd have gone for it, she'd be swigging martinis in the Oval Office now.
Posted by: Mike Kozlowski   2018-07-05 07:42  

#5  From the lines at the Chick-fil-A drive up, I'd say some cooking classes might be in order.
Posted by: Besoeker   2018-07-05 07:11  

#4  If Woman's Studies is 3500 the PreLaw should be 350,000. I've long felt that with med schools the government should offer to cover the costs of school provided the graduate serves X # of years working at hospitals/clinics that are serving the poor and indigent. We do it with the military
Posted by: Cheaderhead   2018-07-05 05:37  

#3  I was thinking more that colleges have to package each courses debt up and sell it.

Then the market would do the economic calculation.

Subsidies always increase supply above market demands but at lower quality so I wouldn't make courses free.

Posted by: Bright Pebbles   2018-07-05 05:07  

#2  Nice Idea there.

Core courses: basic cost. Composition, Math, Logic. US History. World History. US Government (The Constitution).

Courses needed in the economy as determined by Dept of Labor Statistics: Free or low cost. Science, Technology, Engineering, Math, Medicine.


Other courses: price increased to subsidize the economically needed courses.


Example: if your basic Freshman Comp class is $2000, then the Registered Nurse classes should be $500, and that Womens Studies class should pick up the slack and be $3500. We need Nurses a lot more than we need another feminist with no discernable viable job skills.

Posted by: Albert Gray3362   2018-07-05 04:52  

#1  Colleges need "skin in the game" when they accept students.

They need to charge less interest on courses that are have economic needs.

The false assumption is that every course is equal. This is harmful to the American economy.
Posted by: Bright Pebbles   2018-07-05 04:31  

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