Markets & Justice

Markets & Justice
Freely operating markets yield a just outcome?

White Australia Has A Black History

White Australia Has A Black History

Tuesday, 12 August 2014

Women to pay much more than men for their degrees?

Picture of Jane Caro from here.
 
Here is why. Women graduates already earn an average of $1m less than their male peers across their lifetime. And that’s for a bog-standard BA! They earn less for all sorts of reasons, including taking time out to have children, cutting back to part-time work when their kids are small, and the persistent 17% pay gap between male and female full-time workers. Oh, and that’s at the bottom end of the earning scale. There is evidence that shows the higher up the earnings ladder you go (and graduates as a whole earn an average of $1m more in their life than non-graduates), the larger the wage gap between male and female earners.  Read the whole article here.