For many women, college debt means dreams delayed

The Chicago Tribune reports women in debt, student loan debt that is:

The student debt that women sometimes have trouble paying off can ripple throughout their finances.


Thirty-nine percent of women aged 18 to 34 do not pay their bills on time, subjecting them to late fees or other penalty charges and exacerbating their debt, according to the National Foundation for Credit Counseling.

The same organization also found that 70 percent of men ages 18 to 34 have savings beyond retirement plans, compared with just 56 percent of women the same age.

Consequently, poor financial health among these educated young women can delay the life goals they may have gone to college to attain, such as the ability to purchase a home or car, or even start a family.

Imagine that