Their are two really interesting male/female gaps in the U.S. The wage gap, where men make more money on average than women, gets a lot of attention.
The education gap, where women and girls out perform men and boys at all levels of education, gets less attention.
Also getting little attention is the fact that these two gaps are linked.
Over time those that are better educated will be paid better. And as we've written about before, women currently comprise about 57% of all college students and it is expected this will grow to about 60% by 2019.
Women also out number men in most grad school programs and 2013 was the 5th year in a row that women earned more Ph.Ds than men. As the chart below shows, there are about 1.4 women in graduate school for every man and women have clear majorities in most fields.
Yes, men still dominate in math, computer science, physical science and business, but even in those fields the gap has been closing over the last decade.
Also, trends suggest the number of women studying business in grad school will pass the number of men over the next 5-7 years.
So what about the wage gap?
It still exists with men continuing to earn more, on average, than women. The Washington Post's The Wage Gap - A Primer provides a detailed look at the current state of the wage gap.
But the wage gap is closing, especially for Millennial women. There are multiple reasons for this, but the big one is women's growing education advantage.
Because of this, we continue to forecast wage parity between men and women in the 2020 time frame.
We also continue to worry about the state of men and boys. We suspect today's wage gap will be reversed within the next decade or so.