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Game of Loans: The Rhetoric and Reality of Student Debt
Beth Akers
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Description for Game of Loans: The Rhetoric and Reality of Student Debt
Hardback. Series: The William G. Bowen Memorial Series in Higher Education. Num Pages: 192 pages, 25 line illus. 7 tables. BIC Classification: 1KBB; JNF; JNKG; JNM. Category: (G) General (US: Trade); (U) Tertiary Education (US: College). Dimension: 151 x 224 x 21. Weight in Grams: 372.
College tuition and student debt levels have been rising at an alarming pace for at least two decades. These trends, coupled with an economy weakened by a major recession, have raised serious questions about whether we are headed for a major crisis, with borrowers defaulting on their loans in unprecedented numbers and taxpayers being forced to foot the bill. Game of Loans draws on new evidence to explain why such fears are misplaced--and how the popular myth of a looming crisis has obscured the real problems facing student lending in America. Bringing needed clarity to an issue that concerns ... Read more
College tuition and student debt levels have been rising at an alarming pace for at least two decades. These trends, coupled with an economy weakened by a major recession, have raised serious questions about whether we are headed for a major crisis, with borrowers defaulting on their loans in unprecedented numbers and taxpayers being forced to foot the bill. Game of Loans draws on new evidence to explain why such fears are misplaced--and how the popular myth of a looming crisis has obscured the real problems facing student lending in America. Bringing needed clarity to an issue that concerns ... Read more
Product Details
Format
Hardback
Publication date
2016
Publisher
Princeton University Press
Condition
New
Series
The William G. Bowen Memorial Series in Higher Education
Number of Pages
192
Place of Publication
New Jersey, United States
ISBN
9780691167152
SKU
V9780691167152
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Beth Akers
Beth Akers is a fellow at the Brookings Institution's Center on Children and Families. Matthew M. Chingos is a senior fellow at the Urban Institute and the coauthor of Crossing the Finish Line: Completing College at America's Public Universities (Princeton). They both live in Washington, DC.
Reviews for Game of Loans: The Rhetoric and Reality of Student Debt
"In Game of Loans, we learn that only a quarter of first-year college students can predict their debt load within 10 percent of the correct amount, in large part because students are regularly overpromised financial aid in complex deals that then change year by year, just like the subprime mortgages that blew up in 2008."
Rana Foroohar, New York Review of ... Read more
Rana Foroohar, New York Review of ... Read more