Sunk Cost
Who’s to Blame for the Nation’s Broken Student Loan System and How to Fix It
9780226821153
9780226838953
Sunk Cost
Who’s to Blame for the Nation’s Broken Student Loan System and How to Fix It
320 pages | 1 line drawings | 6 x 9
Economics and Business: Economics--Money and Banking
Education: Education--Economics, Law, Politics, Higher Education
Political Science: American Government and Politics, Public Policy
Table of Contents
Introduction: How Did We Get Here?
1. The GI Bill: America’s First Try at Subsidizing College Students
2. The Higher Education Act: When a Plan to “Open the Door to Education” Gets Complicated
3. The Pell Grant: What Happens When the Federal Government Cuts Support for College
4. States Pull Back: What Happens When States Cut Support for College Too
5. Credentialization: The Ever-Decreasing Value of a College Degree
6. Income-Driven Repayment: Why a Smart and Compassionate Idea Didn’t Provide Much Help
7. Extraordinary Collection Powers: When a Loan Meant to Help Causes Harm
8. Forgiveness: A Radical Solution Goes Mainstream
Conclusion: Going Forward
Acknowledgments
Notes
Bibliography
Index
1. The GI Bill: America’s First Try at Subsidizing College Students
2. The Higher Education Act: When a Plan to “Open the Door to Education” Gets Complicated
3. The Pell Grant: What Happens When the Federal Government Cuts Support for College
4. States Pull Back: What Happens When States Cut Support for College Too
5. Credentialization: The Ever-Decreasing Value of a College Degree
6. Income-Driven Repayment: Why a Smart and Compassionate Idea Didn’t Provide Much Help
7. Extraordinary Collection Powers: When a Loan Meant to Help Causes Harm
8. Forgiveness: A Radical Solution Goes Mainstream
Conclusion: Going Forward
Acknowledgments
Notes
Bibliography
Index