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Steinem’s Wall Street Occupied as Women Still Earn Less Than Men
For Gloria Steinem, the international conversation that the Occupy Wall Street protests sparked about economic inequality is, at its heart, about gender.
From the article:
Start with the thousands of dollars in student loans that saddle the average U.S. college graduate. Women “are paid unequally -- so they are going to have a harder time paying back that debt,” Steinem, the 77-year-old feminist who helped start the women’s rights movement with the publication of Ms. Magazine nearly 40 years ago, said in an interview at Bloomberg News’ New York bureau. “It’s outrageous because they are kind of indentured when they graduate.”
Steinem’s comments echo a common lament among young women in the Occupy movement, which began on Sept. 17 as a demonstration against the widening wealth gap and an economic system that protestors say favors the rich. The unemployment rate for college graduates aged 20-24 rose to 9.1 percent last year from 8.7 percent in 2009, the highest on record for that demographic, according to the Project on Student Debt. Add to that the burdens of student loans, and young Americans say they don’t stand much chance.