Posted on 06/29/2023 3:57:03 AM PDT by Oldeconomybuyer
... As millions of borrowers anxiously await a looming Supreme Court opinion that will decide whether President Biden’s student loan forgiveness is constitutional, a subset of that population finds themselves especially eager to hear the news: women. Women hold nearly two-thirds of the country’s student loan debt, owing $929 billion of the $1.54 trillion student debt, according to the American Association of University Women (AAUW).
“That’s a pretty substantial amount of money that women are taking on in many cases to just sort of achieve what men don’t even need to have a degree to achieve,” Gloria L. Blackwell, CEO of AAUW, tells TIME.
Although women make up more than half of the college educated labor force, per the Pew Research Center, women still face barriers to paying off their loans due to the gender wage gap, a lack of generational wealth and gender norms placed on women.
Black women are particularly affected by student loan debt, owing an average of $37,558 compared to the $29,862 white men owe and $31,346 white women owe.
“What we hear from women is oftentimes, ‘I went to grad school because I needed to make up for the gender pay gap.’ Or, ‘I went because I’m a woman of color, and I’m often paid less than my white and male counterparts,’” she tells TIME.
And the lack of familial support faces an additional barrier for borrowers who come from low-income backgrounds. Calazans says that the lack of generational wealth makes it difficult to pay for not only tuition, but also additional costs like books, supplies and transportation. “For a lot of people who don’t come from generational wealth, it is tough because it’s not just tuition, right? It’s a cost of living,” Calazans adds.
(Excerpt) Read more at time.com ...
Will likely be today. My view is that Biden does not have the power under the Constitution, and certainly not by statute to levy taxes or spend funds that were not appropriated by Congress. So, expect this to be a rebuke of Biden, and expect his reaction to be a doubling down of this effort, vastly expanding the $ of forgiveness.
So let’s ignore the obvious privilege they have that drives them to have a 2/3 majority in the first place.
I pray you are correct Wally
Why would men and women need separate deans?
But yeah, third-party payer systems are generally a scam that leads to inflated costs, and Uncle Sam (taxpayers) as third-party payer is the biggest scam of all.
What insanity is that view?
Female doctors, lawyers, pols and journalists are not the ones, in general, who are not paying off their student loans.
I take it you don’t like women much.
It’s actually the subsidies of daycare and the like that has made it uneconomical for mothers who so wish to stay home, but blocking women from becoming professionals if that is their choice is at least as diabolical.
PPP was another scam, but done on completely different terms than student loans. A deal’s a deal.
The claim, which I question, is that women don’t get the opportunity to do jobs they can well do unless they have more educational credentials than men. Again, I doubt that.
“For a lot of people who don’t come from generational wealth, it is tough because it’s not just tuition, right? It’s a cost of living,” Calazans adds.
Better get out there and shake that money maker!
It’s because wokeness is driving men out of universities and most grads now are women
Because women were most likely to pick a major where there are no job opportunities?
Asteroid To Destroy Earth Tomorrow.
Women and Minorities Hardest Hit.
-Rush Limbaugh-
What utter bullshit!
Didn’t you mean to say, “What udder bullshit”?
moooove on. nothing to see here.
ISWYDT.
Either interpretation does not speak well for women. And the speaker purports to speak for university educated women.
Yes always have the pity card handy like others don’t have the same problem but they earn their way and it gives socialism a bad name.
““What we hear from women is oftentimes, ‘I went to grad school because I needed to make up for the gender pay gap.’ Or, ‘I went because I’m a woman of color, and I’m often paid less than my white and male counterparts,’” she tells TIME.”
PAY YOUR OWN GD DEBTS!!! The hubris of these birthing persons who can’t understand normal thinking is astonishing.
““That’s a pretty substantial amount of money that women are taking on in many cases to just sort of achieve what men don’t even need to have a degree to achieve,” Gloria L. Blackwell, CEO of AAUW, tells TIME.”
“What utter bullshit!”
There’s nothing stopping the darlings from getting a job in the oil patch, on a fishing boat in Alaska, or starting out as a plumber’s apprentice.
“Shame on the universities and colleges that sell unmarketable degrees in exchange for loan money that no sane person could ever imagine is repayable.”
Colleges are run by idiots who got useless college degrees. Where else is can someone get a job with a totally useless degree in “Feminist Studies?” These are completely useless people with huge egos and they love the power brainwashing equally useless people. And these useless people come up with ridiculous theories that are destroying civilization.
Total and complete 🦬💩
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