A black woman would have to work until age 86 just to make the same amount of money a white man earned by age 60.
A black woman will miss out on $946,120 during a 40-year career if they continue to make 61 cents for every dollar a white man makes, according to new estimates from the National Women’s Law Center. Put another way, a black woman would have to work until age 86 just to make the same amount of money a white man earned by age 60, the organization said.
The data didn’t break out the lifetime loss in earnings for Latina women but, assuming the same methodology as that applying to black women, that would likely far exceed $1 million. While black women earned 61 cents on the dollar, white women earned 77 cents and Latina women earned 53 cents for every dollar a white man makes, the study added.
White men have paid off 44% of their student debt 12 years after graduation, but black women end up owing 13% more in that same time. Other studies have estimated the wage gap’s ultimate cost and put a lower — yet still large — price tag. Johns Hopkins University School of Medicine researchers analyzed internal pay disparities and said a woman hired in 2005 and making 2.6% less than her male counterpart stood to lose $501,416 in salary and investment returns during 30 years.
Black women graduate college with the most student-loan debt, according to the American Association of University Women. They also incur an average $30,366 in student-loan debt, which is almost $9,000 more than the average $21,619 student-loan debt all women have, the organization said.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
3 Latina Founders On The Strategies That Helped Them Build Strong Communities on InstagramThese 3 founders share how they created safe spaces on Instagram for the Latinx community that supports them.
Leer más »
On Black Women’s Equal Pay Day, Here's How Women Are Fighting To Close The GapFor black women, August 22, eight months in 2019, is the date they must work until to achieve the same pay that their white, non-Hispanic male colleagues made at the end of 2018.
Leer más »
On Black Women’s Equal Pay Day, Here's How Women Are Fighting To Close The GapToday is BlackWomensEqualPayDay, the point in the “new year” at which black women’s earnings match those of white men from the year before. For every $1.00 a white man makes, a black woman makes $0.61. Here's what women are doing to mark the day:
Leer más »
On Black Women’s Equal Pay Day, Here's How Women Are Fighting To Close The GapFor black women, August 22, eight months in 2019, is the date they must work until to achieve the same pay that their white, non-Hispanic male colleagues made at the end of 2018.
Leer más »
Black Women Doing the #DMXChallenge Is What You Really Want to See TodayWatch women flawlessly pull off different hairstyles in seconds.
Leer más »
How Minda Harts Is Helping Black Women Close The Pay Gap For GoodMinda Harts knows that a big driver of her success was to actively become the curator of her career.
Leer más »