A recent report by Pew Research confirms that the pay gap between men and women is not only real, but it is still very much alive and well to this day. The gap is even wider for black and Latino women, the study found. The result is that those making less money are not able to repay their student loans as quickly and are saddled with greater debt loads.
A study by the American Association of University Women found that Asian women paid down their student loans the fastest. But in the time an Asian woman paid off 61 percent of their debt, black women paid off just 9 percent and Hispanic women only 3 percent. White males averaged 44 percent. The study also looked at pay gaps and found that black women earned,