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Author Shermer, Elizabeth Tandy, author.

Title Indentured students : how government-guaranteed loans left generations drowning in college debt / Elizabeth Tandy Shermer.

Publication Info. Cambridge, Massachusetts : The Belknap Press of Harvard University Press, 2021.
©2021
Bookmark link: https://library.naperville-lib.org:444/record=b2077774~S1
Location Call No. Status
 95th Street Adult Nonfiction  379.1214097 SHE    AVAILABLE
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Description viii, 382 pages : illustrations ; 25 cm
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.
Bibliography Includes bibliographical references and index.
Subject Federal aid to higher education -- United States -- History.
Student loans -- United States -- History.
College costs -- United States -- History.
Debt -- United States -- History.
Educational equalization -- United States -- History.
ISBN 9780674251489 hardcover
0674251482 hardcover
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