Why Biden’s $10,000 student loan relief will impact women the most [MSNBC]

While Biden’s announcement to cancel up to $10,000 in student loans and extend the pause on federal student loan payments through Dec 31st welcomes relief to all borrowers, it’s women who may benefit the most.

Today, women hold over two-thirds of America’s trillion-dollar student debt, each holding on average $31,000 in student debt before their career even begins. In part due to the persistent gender wage pay gap, it takes about two years longer for women than for men to repay student loans. Women with children have an even harder time making ends meet, much less saving while paying down student debt.

Click here to read the full article by MSNBC, and learn what the president’s proposal means for closing the wage gap. To get started with one of our programs, click here.