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marketwatch | Thursday March 8, 2018
Why America’s student debt is a women’s issue
About four months after graduating from college in 2016, Samantha Morgan received a letter from her student loan company that threw her into a panic. In just two short months she would need to put nearly $500 a month to pay back her student loans. Though she felt lucky to have a partner who contributed to the family finances and supported her emotionally, her struggle with student debt felt decidedly different from her husband’s. In those months, Morgan, now 28, found her loans only compounded the challenges she faced as a new mom. “There are all of these things that put you out of the workforce and make you financially disadvantaged — if you have to go on maternity leave — and if you’re trying to pay back your loans in that time, it’s just insane,” she said. - Women hold nearly two-thirds of the student debt - Student debt - isn’t typically part of the conversation when we talk about women’s rights. But stories like Morgan’s and the data bolster the argument that it should be. Women hold the bulk — nearly two-thirds — of the nation’s outstanding student debt, according to the American Association of University Women, a nonprofit advocating for women in education. When they...Read more