3 ms·

That's fascinating. I'm curious as to why women have less debt even without as much financial assistance from parents. I'm thinking I could be because: * Wom

That's fascinating. I'm curious as to why women have less debt even without as much financial assistance from parents. I'm thinking I could be because: * Women go to cheaper universities * Women get more scholarship money / financial aid from universities * They pay more of it off while still in university? * Universities charge them less in tuition (I doubt this is true) * The fields in which women go are less expensive (Do universities charge different amounts for different undergrad degrees?) Outside of that was there sampling bias? Perhaps the women population was a lot less than men sampled? Does anyone have anymore information into this?

klipt 9y ago
Less financial assistance from parents != less financial assistance overall. My guess is that plenty of the women in the age range they look at (25-54) have husbands or boyfriends who assist them financially. Women are more likely than men to get married young (while still in college) and to marry someone older than them (who might already have a job).
- RightMillennial 9y ago
  When my wife was in college and we were dating, I helped her out financially because I worked instead. I'm sure it's fairly common.
swiley 9y ago
They tend to go into art more don't they? Isn't the typical art students GPA fairly high? That would give them even more scholarship money.
malandrew 9y ago
Another question I'd ask is how many semesters someone took to graduate (and number of credit hours earned). I paid for most of college myself and graduated debt free. One of the biggest savings came from getting approval to take 21-24 credit hours worth of courses for the last two years. You pay the same price for tuition and housing for 12+ credit hours at most schools. Armed with this and the ability to handle the stress of that workload, you can halve the cost of going to college if you can do this for all four years. I wish I had thought about doing this sooner. The reason I ended up doing it was because many of my friends were 2-3 grades above me and when I noticed that most friends had graduated I figured it would be better to get out ASAP and make new friends in the real world 2 years later.
erroneousfunk 9y ago
You can take out more in student loans than just the cost of tuition. Men may just take out larger student loans, despite having the same tuition costs.

klipt 9y ago

Less financial assistance from parents != less financial assistance overall. My guess is that plenty of the women in the age range they look at (25-54) have husbands or boyfriends who assist them financially. Women are more likely than men to get married young (while still in college) and to marry someone older than them (who might already have a job).

RightMillennial 9y ago
When my wife was in college and we were dating, I helped her out financially because I worked instead. I'm sure it's fairly common.

swiley 9y ago

They tend to go into art more don't they? Isn't the typical art students GPA fairly high? That would give them even more scholarship money.

malandrew 9y ago

Another question I'd ask is how many semesters someone took to graduate (and number of credit hours earned). I paid for most of college myself and graduated debt free. One of the biggest savings came from getting approval to take 21-24 credit hours worth of courses for the last two years. You pay the same price for tuition and housing for 12+ credit hours at most schools. Armed with this and the ability to handle the stress of that workload, you can halve the cost of going to college if you can do this for all four years. I wish I had thought about doing this sooner. The reason I ended up doing it was because many of my friends were 2-3 grades above me and when I noticed that most friends had graduated I figured it would be better to get out ASAP and make new friends in the real world 2 years later.

erroneousfunk 9y ago

You can take out more in student loans than just the cost of tuition. Men may just take out larger student loans, despite having the same tuition costs.