Press Esc to close
Monday 24 April 2017
News updated at 2:47 PM IST

Women benefit more from education loans than men

Washington, Feb 23, 2013 (PTI) 14:47 IST
Education loans help women more than men in graduating from college, a new US study has found.

The research findings showed that, on average, taking out loans actually makes graduation more likely for all students. But at a certain point - which is about USD 2,000 lower for men than for women - debt has diminishing returns and becomes less effective at boosting chances of graduation.

One reason loans help women more may be tied to job prospects for college dropouts - which are much better for men than for women, researchers said.
"At least early in their careers, women suffer more than men if they don't have a college degree," said Rachel Dwyer, co-author of the study and associate professor of sociology at Ohio State University.

"Women will go deeper in debt to finance college because they need the degree more than men if they want to earn a good living. Men will drop out at lower levels of debt," Dwyer said in a statement.

Dwyer conducted the study with Randy Hodson, professor of sociology at Ohio State University, and Laura McCloud, assistant professor of sociology at Pacific Lutheran University. Their study was published in the journal Gender and Society.

Data for the study came from 3,676 young Americans who participated in the National Longitudinal Survey of Youth 1997. The NLSY97 interviewed people between the ages of 13 and 17 in 1997 and then talked to the same people each year up to 2010-2011. At that time, the young adults in this study were 25 to 31 years old.

For this study, the researchers examined student loans taken out each year the participants were enrolled in college, and how much they still owed overall on their loans.
Women were more likely to take out loans than men, with 40 percent of women and 34 percent of men taking out loans on average each year.
"Clearly, educational debt was part of the college experience for many students in the 2000s," Dwyer said.

Go to Top

Photo Gallery
Woakes jubiliate with his teammates after the dismissal of Stuart Binny

Woakes jubiliate with his teammates after the dismissal of Stuart Binny

Chahal celebrates with Jadhav after the dismissal of Pathan

Chahal celebrates with Jadhav after the dismissal of Pathan

Virat Kohli celebrates with bowler S Badree after dismissal of Robin Uthappa

Virat Kohli celebrates with bowler S Badree after dismissal of Robin Uthappa

Hasim Amla plays a shot during the IPL 2017 match against Gujarat Lions

Hasim Amla plays a shot during the IPL 2017 match against Gujarat Lions

Floral chariots part of a procession during the annual 'Ulsoor flower Pallakki Festival'

Floral chariots part of a procession during the annual 'Ulsoor flower Pallakki Festival'

Donald Trump awards a Purple Heart to U.S. Army Sgt. First Class Alvaro Barrientos

Donald Trump awards a Purple Heart to U.S. Army Sgt. First Class Alvaro Barrientos

Suresh Raina with Shubham Agarwal celebrates the wicket of Hasim Amla

Suresh Raina with Shubham Agarwal celebrates the wicket of Hasim Amla

Runners make their way over Tower Bridge during the London Marathon

Runners make their way over Tower Bridge during the London Marathon

A boy enjoying a swim in Chembarambakkam lake to escape the scorching heat

A boy enjoying a swim in Chembarambakkam lake to escape the scorching heat

A group of flamingos at Sewri Jetty in Mumbai...

A group of flamingos at Sewri Jetty in Mumbai...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.