Student Debt Makes it Hard for New Graduates to Make Ends Meet
May 20, 2021 — Student debt is making it nearly impossible for many women to afford their basic living expenses after graduating from college, a new analysis by the American Association of University Women (AAUW) shows. The 2021 AAUW’s Deeper in Debt report finds that women hold an average of $31,276 in student debt, leaving them with a monthly loan payment of $307 the year after graduation. Given that women graduating with a bachelor’s degree expect to earn an average of $35,338—only 81% of what men anticipate earning—meeting that loan obligation is challenging at best. Read more.