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Student Loan Debt by Gender: Women face larger debt burdens on average than their male counterparts

Tuesday, September 7, 2021
Larger student debt levels, the racial wealth gap—as well as unequal access to and outcomes within higher education—are other socioeconomic factors that reinforce each other and negatively impact women of color. In 2019, the Center for Responsible lending reported that African American women and Latinas had both the highest average student loan debt balances and were paid 61 and 53 cents, respectively, for every dollar earned by White men.