LEADER 04218nam 2200649 450 001 9910465034003321 005 20210802183407.0 010 $a0-520-95844-6 024 7 $a10.1525/9780520958449 035 $a(CKB)3710000000089417 035 $a(EBL)1637652 035 $a(SSID)ssj0001131179 035 $a(PQKBManifestationID)11625896 035 $a(PQKBTitleCode)TC0001131179 035 $a(PQKBWorkID)11128625 035 $a(PQKB)11432642 035 $a(MiAaPQ)EBC1637652 035 $a(DE-B1597)519982 035 $a(OCoLC)871224034 035 $a(DE-B1597)9780520958449 035 $a(Au-PeEL)EBL1637652 035 $a(CaPaEBR)ebr10839464 035 $a(CaONFJC)MIL579045 035 $a(EXLCZ)993710000000089417 100 $a20140305h20142014 uy 0 101 0 $aeng 135 $aurun#---|u||u 181 $ctxt 182 $cc 183 $acr 200 14$aThe student loan mess $ehow good intentions created a trillion-dollar problem /$fJoel Best, Eric Best 210 1$aBerkeley, California ;$aLos Angeles, California :$cUniversity of California Press,$d2014. 210 4$dİ2014 215 $a1 online resource (246 p.) 300 $aDescription based upon print version of record. 311 0 $a0-520-28752-5 311 0 $a0-520-27645-0 320 $aIncludes bibliographical references and index. 327 $tFront matter --$tCONTENTS --$tList of Figures and Table --$tAcknowledgments --$tIntroduction --$t1. Good Intentions and Wasted Brainpower: The First Student Loan Mess --$t2. Disillusionment and Deadbeats: The Second Student Loan Mess --$t3. Outrage and Crushing Debt: The Third Student Loan Mess --$t4. Dread and the For-Profit Bubble: The Fourth Student Loan Mess --$t5. What's Next? Prospective Student Loan Messes --$t6. Beyond Making Messes? --$tNotes --$tReferences --$tIndex 330 $aThis illuminating investigation uncovers the full dimensions of the student loan disaster. A father and son team-one a best-selling sociologist, the other a former banker and current quantitative researcher-probes how we've reached the point at which student loan debt-now exceeding 1 trillion and predicted to reach 2 trillion by 2020-threatens to become the sequel to the mortgage meltdown. In spite of their good intentions, Americans have allowed concerns about deadbeat students, crushing debt, exploitative for-profit colleges, and changing attitudes about the purpose of college education to blind them to a growing crisis. With college costs climbing faster than the cost of living, how can access to higher education remain a central part of the American dream? With more than half of college students carrying an average debt of 7,000 at graduation, what are the prospects for young adults in the current economy? Examining how we've arrived at and how we might extricate ourselves from this grave social problem, The Student Loan Mess is a must-read for everyone concerned about the future of American education. Hard facts about the student loan crisis: ? Student loan debt is rising by more than 100 billion every year. ? Among recent college students who are supposed to be repaying their loans, more than a third are delinquent. ? Because student loans cannot be discharged through bankruptcy, the federal government misleadingly treats student loan debt as a government asset. ? Higher default rates, spiraling college costs, and proposals for more generous terms for student borrowers make it increasingly likely that student loan policies will eventually cost taxpayers hundreds of billions of dollars. 606 $aStudent loans$zUnited States 606 $aStudent loans$xGovernment policy$zUnited States 606 $aCollege graduates$zUnited States$xFinance, Personal 608 $aElectronic books. 615 0$aStudent loans 615 0$aStudent loans$xGovernment policy 615 0$aCollege graduates$xFinance, Personal. 676 $a378.3/62 700 $aBest$b Joel$0477506 701 $aBest$b Eric$01043457 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910465034003321 996 $aThe student loan mess$92468448 997 $aUNINA