Dream Defaulted (eBook)

The Student Loan Crisis Among Black Borrowers

Fenaba R. Addo, Jason N. Houle (Autoren)

eBook Download: EPUB

2022
296 Seiten
Harvard Education Press (Verlag)
978-1-68253-757-2 (ISBN)

Infos

A Dream Defaulted explores how the student loan crisis disproportionately affects Black borrowers and why rising student debt is both a cause and consequence of social inequality in the United States.Jason N. Houle and Fenaba R. Addo offer a deft analysis of the growing financial crisis in education, examining its sources and its impacts. Based on more than five years of ongoing qualitative and quantitative research, this incisive work illustrates how the student loan system has not benefited all students equally. The authors tell the story of how first-generation college students, low-income students, and students of color are disadvantaged in two opposing phases of the process: debt accumulation and debt repayment. They further demonstrate that policies intended to mitigate financial burden and prevent default have failed to assist the people who most need help.Houle and Addo present these social and racial disparities within a broader context, tracing how centuries of institutionalized racism have contributed to social and economic inequities, perpetuating the racial wealth gap and leading to intergenerational inequality. Through interviews with borrowers, they illuminate the ways in which racial disparities affect who has college access, how and why people take on debt, and who has the ability to repay student loan debt after leaving college.Recognizing that the affordability crisis cannot be solved by higher education reform alone, Houle and Addo consider solutions. They argue that policy must extend beyond debt reduction and financial aid to address entrenched patterns of racial inequality and racial discrimination, both inside and outside institutions of higher education.

Produkt-Details

• Erscheint lt. Verlag: 16.8.2022
• Vorwort: Ayanna S. Pressley
• Sprache: englisch
• Maße: 150 x 150 mm
• Themenwelt: Schulbuch / Wörterbuch ► Lernhilfen ► Sekundarstufe I
• Themenwelt: Sozialwissenschaften ► Ethnologie
• Themenwelt: Sozialwissenschaften ► Pädagogik ► Allgemeines / Lexika
• Themenwelt: Sozialwissenschaften ► Pädagogik ► Bildungstheorie
• Themenwelt: Sozialwissenschaften ► Pädagogik ► Erwachsenenbildung
• Themenwelt: Sozialwissenschaften ► Soziologie
• Schlagworte: affordability crisis • Black Youth • college access • defunding higher education • Economic Inequality • financial aid • for-profit colleges • higher education • Inequality • Institutional Racism • private loans • racial disparities • racialized student debt • racial wealth gap • rising student debt • Social Inequality • Student Debt • student loan crisis • Student Loans • students of color • university tuition
• ISBN-10: 1-68253-757-9 / 1682537579
• ISBN-13: 978-1-68253-757-2 / 9781682537572