May 25, 2019

Impact of student loans on women

Women are at a crucial disadvantage when it comes to student loans

"Researchers surveyed 1,000 college-educated adults across America and found that 37% of women did not understand the basics of student loans — which are things like timelines, monthly payments, interest rates, tax implications, refinancing and evaluating lenders, before they borrowed — versus only 20% of men."
 
Overall, less than half of millennials (44%) surveyed fully understood when and how they needed to repay their student loans before taking on the debt and more than a third admitted that they didn’t comprehend the basics of student debt.
 
Aarthi Swaminathan
Writing for

https://finance.yahoo.com/news/student-loans-women-194505040.html

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