Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!

If you want to retire your debt before you retire, be a man

Erika Beras Oct 23, 2018
HTML EMBED:
COPY
The United States could simply make more money to pay its bills, said Stephanie Kelton, an economics professor at Stony Brook University. But taken to an extreme, that could lead to higher inflation. Mark Wilson/Getty Images

If you want to retire your debt before you retire, be a man

Erika Beras Oct 23, 2018
The United States could simply make more money to pay its bills, said Stephanie Kelton, an economics professor at Stony Brook University. But taken to an extreme, that could lead to higher inflation. Mark Wilson/Getty Images
HTML EMBED:
COPY

Before most women start their work lives, they’re already in worse shape financially then men, and it usually gets worse, according to a report from the American Association of the University Women. That’s because women tend to take out bigger loans to finance education, accept lower starting salaries then men, and usually take more time off for family reasons. That’s how debt follows women through life, often growing along the way. 

Click the audio player above to hear the full story. 

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.