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Description
viii, 382 pages : illustrations ; 25 cm
text txt rdacontent
unmediated n rdamedia
volume nc rdacarrier
Bibliography
Includes bibliographical references and index.
Contents
Introduction: Drowning in debt -- Honorably financing college -- Will work for school -- A bill of rights for only some GIs -- The fizzled response to Sputnik -- Federally guaranteed students -- Reauthorizing the loan industry -- Bankers lose their sweetheart deal -- Epilogue: A brave new world of indentured students.
Summary
"It is widely understood that student loan assistance has inflated college tuition, student debt, and lender profits. Less often recognized is that these outcomes were intended. Elizabeth Tandy Shermer uncovers the history of federal student loans, showing that they were designed to appease constituencies opposed to affordable higher education"-- Provided by publisher.
