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Official Website administered by the State Treasurer and Receiver General of Massachusetts

Deborah B. Goldberg

Program under Massachusetts State Treasurer Deborah B. Goldberg

Student Loan Debt Spread Disproportionately Toward Women and Students of Color

July 10, 2018

Newsweek // Benjamin Fearnow

While the student debt crisis is affecting Americans across all demographics, that debt is not distributed proportionately to the population. For example, two thirds of the $1.4 trillion sum of student debt is carried by women, and the average debt for an African-American woman is more than $10,000 greater than that of male white students. This disparity is caused by a variety of factors, including the wage gap, and the so-called "Mom-Tax."

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