Parents Save More To Send Their Boys To College Than Their Girls

November 16, 2017 in Daily Bulletin

It’s been a particularly uncomfortable few weeks when it comes to stark revelations on how society treats women. Abigail Hess added another demerit:

  • Women hold two thirds of America’s student debt, while making up a little more than half of all college students.
  • The primary reason is that just 35% of households with girls save money for college (compared to 50% of households with boys).
  • Parents may be saving this money for a wedding instead.
  • Institutional biases contribute to the problem – the average merit based grant for boys is greater than that for girls – even though girls often outperform boys in school.
  • And then there’s the persistent gender wage gap which makes it more difficult for women to pay back their loans.

Read more on CNBC.