Catalog Search Results
Author
Publisher
Simon & Schuster
Pub. Date
2021.
Language
English
Description
"In 1982, a new executive at Sallie Mae took home the company's financial documents to review. "You've got to be shitting me," he later told the company's CEO. "This place is a gold mine." Over the next four decades, the student loan industry that Sallie Mae and Congress created blew up into a crisis that would submerge a generation of Americans in $1.5 trillion in student debt. In The Debt Trap, Wall Street Journal reporter Josh Mitchell tells the...
Author
Series
Publisher
ABC-CLIO
Pub. Date
[2020]
Language
English
Description
This volume provides a comprehensive and evenhanded overview of the escalating college affordability crisis in the United States. It explains how higher education became so expensive and explores the implications of high college loan debt for students and American society.
Author
Publisher
St. Martin's Press
Pub. Date
2016.
Language
English
Description
"The cost of a college degree has increased by 1,125% since 1978 - four times the rate of inflation. Total student debt is $1.3 trillion. Many private universities charge tuitions ranging from $60-70,000 per year. Nearly 2/3 of all college students mustborrow to study, and the average student graduates with more than $30,000 in debt. 53% of college graduates under 25 years old are unemployed or underemployed (working part-time or in low-paying jobs...