社会的流動性を阻害する学生ローン負債 Bait and Switch : How Student Loan Debt Stifles Social Mobility

著者名：Scott, III, Robert H./Patten, Joseph N./Mitchell, Kenneth

Palgrave Macmillan（2023/11/08発売）

• 言語：ENG
• ISBN：9783031463747
• eISBN：9783031463754

Description

This book traces how the student loan system has created insurmountable student debt traps for millions of student borrowers contrary to its original purpose of promoting social mobility. Today, approximately 45 million Americans hold over $1.7 trillion in student loan debt, with over 20% of borrowers in default. Student loan debt has the greatest negative impact of wealth-poor students, with Black and first-generation students less likely to attain a college degree, more likely to default on student loan debt, and less likely to gain the same type of wage premium from their college degrees than white student loan borrowers. The book also offers a wide range of policy solutions for remedying the student loan debt crisis.

Table of Contents

Introduction.- Chapter 1:  The Bait –The History of American Colleges and the Creation of Student Loans.- Chapter 2: The Switch – Higher Education as a Public Goods Decays (1965-1992).- Chapter 3: The Income and Wealth Effects of Student Loan Debt.- Chapter 4: Recent Changes to Student Loan Policy and Future Recommendations.- Conclusion.