Student loan debt hit $1.5 trillion in America & Women hold the highest.

A recent report by the American Association of University Women, shows that student loan debt in America have increased tremendously to $1.5 trillion and women hold the highest.


The American Association of University Women, a group that advocates for equity and education for women and girls, says part of the reason is that more women go to college than men. 

More women take out loans, and when they do, they borrow more money. The average woman owes $2,740 more than a man upon finishing a bachelor's degree, the report said.

According to CNN Money, "About four in ten people who've gone to college have taken out loans to pay for school. But some people are taking on a lot more debt than others."

Women repay their debt more slowly, which can mean they're paying more in interest over time.

Here are four quick facts about student loans in America - 

- Americans owe $1.5 trillion in student loans

- 42% of people who've gone to college took out debt

- Average new grad owes $28,400

- 20% of borrowers are behind on payments