In 2009, the same year Jane Smith
graduated from The Art Institute, 20 percent of women and 15 percent of men
working full time and repaying their loans were paying more than 15 percent of
their earnings towards their debt one year after graduation, aaccording to the
Association of American University Women's "Graduating to a Pay Gap."
That same year, full-time working
women were making on average $35,296 annually compared to $42,918 for full-time
working men.
Lisa Maatz, vice president of
government relations at the association, says student loan debt can hurt career
prospects and mobility by making a graduate less inclined to take an unpaid or
low-paying internship with career-boosting potential. It also weighs on
personal plans.
"Folks that have such high debt
burden will really have to reevaluate other life decisions," she says. For
example, when to get married, have children and buy a home or a car. We.News
Do you agree with this opinion..if not make your wiser decision.
Do you agree with this opinion..if not make your wiser decision.
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