Madeline Farber writes, "Women are now the majority on college campuses across the United States—representing 56% of all students enrolled as of fall 2016. And according to a new report, they're also shouldering the lion's share of the nation's student debt problem.
A report by the American Association of University Women (AAUW) f ound that on average, women hold $833 billion—or almost two-thirds—of the country’s $1.3-trillion student debt, compared to the $477 billion that men hold.
Overall, after completing a bachelor’s degree, women’s average accrued student debt is about $1,500 greater than men’s. African American women take on more student debt than any other group of women, with an average of $30,000.
What's more, women take two years longer than men to pay off that debt—partly because of the gender pay gap."