Women are carrying nearly two-thirds of the country’s outstanding student national debt—$890 billion.
Key Points
Women shoulder around $890 billion in student loans — the vast majority of the outstanding balance in the U.S.That means they take longer to repay their debt.Women are carrying nearly two-thirds of the country's outstanding student loan debt. That alarming math comes out of a new report by the American Association of University Women, an education advocacy group, titled, "To be sure, 56 percent of today's college students are women, and so it makes sense that more women than men hold education debt.
And student loans are increasingly a burden for anyone in pursuit of an education. Since 1976, the cost of college attendance has ballooned 150 percent, while the median household income went up 20 percent, according to the American Association of University Women.
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