That's interesting, but not surprising. Not only are they a significantly greater share of entering college students, they also tend to choose majors and career fields that don't pay as much.
Higher enrollment rates among women in college combined with wage gaps in the labor market create a situation where repayment is more burdensome despite equivalent or greater educational attainment. Targeting the root causes such as the mismatch between degree programs and labor market demand as well as addressing pay inequality could go further toward sustainable solutions than focusing solely on collection methods. Garnishment is a tool but it comes at a cost to economic mobility for those affected and that tradeoff deserves careful consideration when shaping policy...
That's interesting, but not surprising. Not only are they a significantly greater share of entering college students, they also tend to choose majors and career fields that don't pay as much.
More than just choosing more lucrative majors, men seem to make profit maximizing education decisions, whereas women follow their interests.
It wouldn’t be surprising if that disparity in financial emphasis translated into debt management.
Nah, it's just the patriarchy.
Good point. That's how we keep them needing our arbitrarily inflated incomes.
You all should know by now. All the problems are the fault of white male Christians. Western civilization is evil and must be dismantled.
It's brutal that you can't discharge student loan debt and that the government is pushing for garnishing your wages
Probably for far less useful degrees.
And a fraction of the bitcoin.
I say this with only a small amount of joy, and a lot of unease. Sovereign money is the end of feminism.
Does this account for females getting degrees at higher rates? Or is this comparable by population size?
It looks like it doesn’t take that into account. That wouldn’t explain all of the difference but it would explain a lot of it.
First question in my mind.
Higher enrollment rates among women in college combined with wage gaps in the labor market create a situation where repayment is more burdensome despite equivalent or greater educational attainment. Targeting the root causes such as the mismatch between degree programs and labor market demand as well as addressing pay inequality could go further toward sustainable solutions than focusing solely on collection methods. Garnishment is a tool but it comes at a cost to economic mobility for those affected and that tradeoff deserves careful consideration when shaping policy...
The question is of those defaulting what percentage are women?
And whose money is being seized, people who are working enough to pay the loans? Obviously you can't pay if you are broke.
And of those who are in default while earning what percentage are women?
And employers pay them less. They shouldn’t “need” to work. Fiat garbage
https://twiiit.com/uncledoomer/status/2004008934177485198