pull down to refresh

This was shared in response to an excerpt from Cheap Sex by Mark Regnerus:
"I think the greatest, most astonishing fact that I am aware of in social science right now is that women have been able to hear the labor market screaming out 'You need more education' and have been able to respond to that, and men have not," said Michael Greenstone, an M.I.T. economics professor. ... "And it's very, very scary for economists because people should be responding to price signals. And men are not. It's a fact in need of an explanation."
It was shared to demonstrate that men are responding to price signals better than women because they imagine they'll pay their own debts.
Women get more education, but men get more education that has a positive ROI.
reply
reply
Schrodinger's Feminist owns many Schrodinger's cats: a quantum crazy cat lady
reply
That suggests that with the same degree, they'd pay off loans at the same rate. I'd bet on that.
reply
I'd actually bet that women pay them off at a higher rate.
  1. Women are more risk averse than men.
  2. Women tend to marry upwards socioeconomically, so their households can better afford to pay off debts.
The caveat would be what we mean by "the same degree", because it's only actually the top 10% of a cohort that earns positive ROI, so we'd need to hold GPA and alma mater constant too.
reply
There is a name for marrying up socio-economically... Hypergamy!
reply
Good catch
reply
What's the gender ratio of any discipline whose name ends with "studies"
reply
I think you must mean "gender ratios", unless you're implying something unspeakable about the number of genders.
reply
I'd say "off to the gulag with me" but I don't think we do that anymore now that trump is president
reply
women's studies, I mean gender studies, I mean Gender(s) studies
reply
wow, stunning difference.
Stupid question but does it just aggregate the two groups? We know plenty more women go/have gone to university than men... so almost mechanically the "women" group is gonna carry more/heavier debts
Also: "education."
reply
Debt is scary, no matter who has it. I feel a lot of people are not financially responsible enough to own credit cards.
reply
we attract what we fear
I'm not sure if I believe it but one of my friends says this often
reply
People dont understand the magnitude of the debt they are getting themselves into.
reply
I graduated with 12k-25k in debt (I don't remember). That was after aging past normal college age which allowed me to qualify for way better financial aid without having to provide financial docs that my parents couldn't/wouldn't give me.
reply
Now do a line for men who pay off their wive’s student debt.
reply
Student loan forgiveness is all about pandering to the female vote
reply
That is very surprising. I would not have expected such a dramatic gap.
reply
A Lannister pays off his debts
reply