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February 27, 2013 2:26 PM Women in the Red

By Daniel Luzer

Student loan debt is a huge problem for college students. The total debt, now more than $1 trillion (surpassing credit card debt) impacts Americans’ ability to take certain jobs, buy houses, get married, and have children.

But it turns out that women have more debt than men. According to a piece at U.S. News & World Report:

Researchers gathered information about student loans and graduation rates, and then organized the results by gender. In doing so, they found that women were more likely to take out loans than men, as 40% of females applied for and received loans compared to only 34% of males.

This doesn’t mean this female debt is necessarily a bad idea. The researchers (at Ohio State University) found that people who take out student loans are more likely to graduate than those who don’t.

That being said, debt is still debt, and women still have to pay down those loans every month. Since women also earn only 81 percent of what men earn, this additional debt could potentially impact women’s actual lifestyles a great deal.

Daniel Luzer is the news editor at Governing Magazine and former web editor of the Washington Monthly. Find him on Twitter: @Daniel_Luzer