Category Archives: Student Debt

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Student Debt Means Fewer Public Servants — And More Bankers

Student Debt Means Fewer Public Servants — And More Bankers
Above Photo: Flickr/Donkeyhotey Indebted students trained for public service are instead cutting bait and heading for Wall Street. Cum laude, my diploma reads — “with honor.” But cum debitum, “with debt,” is a bit more accurate. Collectively, America’s student borrowers owe $1.7 trillion. On average, each graduating senior this year is beginning their life around $37,000 in the hole. That looks like a lot, but when you’re living with student ... Read more

U.S. Women Disproportionately Burdened By College Debt

U.S. Women Disproportionately Burdened By College Debt
Above Photo: Women owe $833 billion in college loans, up from $223 billion in 2004.Photo Credit: Pexels The student loan debt crisis is a glaring example of systemic gender inequality in 2017. American women owe nearly twice as much of the nation’s $1.3 trillion in student loan debt as men do, according to a recent study. Since the 1950s, major strides have been made to shrink the gender gap in enrollment at American colleges and ... Read more