{"id":9472,"date":"2022-03-08T11:31:39","date_gmt":"2022-03-08T18:31:39","guid":{"rendered":"https:\/\/peninsula360press.com\/?p=9472"},"modified":"2022-03-08T11:54:53","modified_gmt":"2022-03-08T18:54:53","slug":"student-debt-affects-women-more-than-men-in-the-us","status":"publish","type":"post","link":"https:\/\/peninsula360press.com\/en\/student-debt-affects-women-more-than-men-in-the-us\/","title":{"rendered":"Student debt affects more women than men in the U.S."},"content":{"rendered":"
\"student<\/figure>\n\n\n\n

Student debt makes it nearly impossible for many women to cover basic living expenses after graduating from college, an analysis by the American Association of University Women (AAUW) shows.<\/p>\n\n\n\n

According to the report AAUW's 2021 Deeper in Debt,<\/a> Women in the U.S. have an average of $31,276 in student debt, leaving them with a monthly loan payment of $307 the year after graduation. <\/p>\n\n\n\n

And since women who graduate with a bachelor's degree expect to earn an average of $35,338 a year \u2014 just 81 percent of what men anticipate earning \u2014 meeting the loan obligation is a challenge at best.<\/p>\n\n\n\n

The organization details that one year after college, women spend an average of $920 per month on housing, $396 per month on a car loan and, for the 16 percent of those who are mothers, $520 on child care.<\/p>\n\n\n\n

So adding that $307 student loan payment makes it difficult, if not at all, to make ends meet.<\/p>\n\n\n\n

\u201cThis unsustainable level of debt is forcing many women to delay major life milestones like buying a home, starting a family and building retirement savings,\u201d said Kim Churches, executive director of AAUW. <\/p>\n\n\n\n

\u201cWe cannot continue to ignore the student debt crisis, especially as women\u2019s disproportionate share of job losses during the pandemic further undermines their ability to repay it. We need our lawmakers to take immediate action,\u201d she added.<\/p>\n\n\n\n

To this, we must add the disparities towards women of color.<\/p>\n\n\n\n

According to the study, African-American women owe 20 percent more in student debt compared to Caucasian women.<\/p>\n\n\n\n

One year after graduating, white women owe $33,851 in these loans, while women of color owe an average of $41,466. <\/p>\n\n\n\n

The cumulative debt from graduate loans is $75,085 for African-American women, compared to $56,098 for white women.<\/p>\n\n\n\n

\u201cThis is yet another example of how systemic racism and sexism conspire in a way that puts Black women at an even greater disadvantage,\u201d Churches stressed. \u201cThe specific needs of women of color must be paramount in any policy we adopt to address this crisis.\u201d<\/p>\n\n\n\n

To that end, AAUW has called on state and local governments to make college more affordable for low- and moderate-income students by investing more in public institutions, while calling for increased and expanded federal grants and equitable student debt forgiveness for all borrowers.<\/p>\n\n\n\n

\u201cStudent debt is a crushing burden for millions of women, but it is also a burden on our economy,\u201d Churches explained. \u201cWe need to make college accessible and affordable for everyone. Getting a good education and becoming a productive member of society should not come at such a huge cost.\u201d<\/p>\n\n\n\n

You may be interested in: Latinos in Technology Fellowship seeks young people from Silicon Valley<\/a><\/em><\/p>","protected":false},"excerpt":{"rendered":"

La deuda estudiantil hace que sea casi imposible para muchas mujeres cubrir sus gastos b\u00e1sicos de subsistencia despu\u00e9s de graduarse de la universidad, seg\u00fan muestra un an\u00e1lisis de la Asociaci\u00f3n Estadounidense de Mujeres Universitarias (AAUW, por sus siglas en ingl\u00e9s). De acuerdo con el informe Deeper in Debt de 2021 de la AAUW, las mujeres […]<\/p>","protected":false},"author":7,"featured_media":9473,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14,8],"tags":[],"class_list":{"0":"post-9472","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-cover","8":"category-usworld"},"_links":{"self":[{"href":"https:\/\/peninsula360press.com\/en\/wp-json\/wp\/v2\/posts\/9472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/peninsula360press.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/peninsula360press.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/peninsula360press.com\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/peninsula360press.com\/en\/wp-json\/wp\/v2\/comments?post=9472"}],"version-history":[{"count":2,"href":"https:\/\/peninsula360press.com\/en\/wp-json\/wp\/v2\/posts\/9472\/revisions"}],"predecessor-version":[{"id":9476,"href":"https:\/\/peninsula360press.com\/en\/wp-json\/wp\/v2\/posts\/9472\/revisions\/9476"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/peninsula360press.com\/en\/wp-json\/wp\/v2\/media\/9473"}],"wp:attachment":[{"href":"https:\/\/peninsula360press.com\/en\/wp-json\/wp\/v2\/media?parent=9472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/peninsula360press.com\/en\/wp-json\/wp\/v2\/categories?post=9472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/peninsula360press.com\/en\/wp-json\/wp\/v2\/tags?post=9472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}