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The Academy of Financial Services 35th Annual Meeting

September 21–22, 2021


Gender Differences in Education Loan Use

Tuesday, September 21, 2021 at 9:45 AM–10:45 AM Eastern Time (US & Canada) add to calendar
education loan, gender difference
Short Description

This study uses 2019 Survey of Consumer Finances to investigate gender differences in the use of education loans. This study finds that women were more likely to have the education loans and will have higher current education loan amount compared to their male cohorts. Economic and demographic factors, such as net worth, homeownership and education level are significant determinants in shaping individuals’ decisions regarding education loan use. The implications to the clients, financial educators and policy makers are discussed.

Lead & Corresponding Author

Shan Lei, Salisbury University
Job Title
Assistant Professor of Finance
Email Address

Additional Authors

Oscar J. Solis, West Texas A&M University
Job Title