Almost 50 million Americans have cumulatively borrowed more than $1.5 trillion to attend college. Roughly one-third of all adults aged 25 to 34 have a student loan. In Education without Debt businessman and philanthropist Scott MacDonald examines the real-life impact of crushing levels of student debt on borrowers and what can be done to fix this crisis.
Weaving together stories of debt-impaired lives with stories of personal success achieved with the essential help of financial aid, MacDonald reveals the devastating personal and societal impact of the debt problem and offers possible solutions. He explores the efforts of colleges and private philanthropists to make education affordable and relates his own experience of funding financial aid for need-eligible students at five universities.
Education without Debt is a must-read book for anyone concerned about the rising cost of education and what to do about this critical policy and societal issue.
- ISBN10 0253051436
- ISBN13 9780253051431
- Publish Date 12 January 2021 (first published 5 January 2021)
- Publish Status Active
- Publish Country US
- Imprint Indiana University Press
- Format Hardcover
- Pages 262
- Language English