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

Author: Shermer, Elizabeth Tandy, author.

ImprintCambridge, Massachusetts : The Belknap Press of Harvard University Press, 2021.

Descriptionviii, 382 pages : illustrations ; 25 cm

Note: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.

Bibliography Note:Includes bibliographical references and index.

Note:"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.



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Author:
Shermer, Elizabeth Tandy, author.
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.