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The Academy of Financial Services 35th Annual Meeting

du 21 au 22 September 2021

Virtual

Gender Differences in Education Loan Use

mardi 21 septembre 2021 à 09:45–10:45 EDT add to calendar
Virtual
Keywords

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

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Shan Lei, Salisbury University
Job Title

Assistant Professor of Finance

Email Address

Additional Authors

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Oscar J. Solis, West Texas A&M University
Job Title
Chargement en cours …