Women with MBAs earn 74 cents for every dollar their male peers make via CNBCMakeIt
According to PayScale's recently released State of the Gender Pay Gap in 2019 report, women on average earn 79 cents for every dollar earned by men in 2019.
When the U.S. Census first started collecting data on Americans' educational attainment in 1967, about 12 percent of women and 17 percent of men between the ages of 25 and 29 held bachelor's degrees. Today, women outnumber men at all levels of education. Business school remains one of the few areas where men are still a majority.
"The promotion piece," she says,"is a part of this uncontrolled pay gap story. If you look at all men working in our economy versus all women working, men are over-represented in leadership positions, whether that's C-level, VP and even the senior director level." According to Nicole Smith, Research Professor and Chief Economist at the Georgetown University Center on Education and the Workforce , the lower-paying fields that women pursue do account for some of the pay gap, but not all of it.
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