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In recent decades, the crisis of college affordability has emerged as one of the defining challenges of our era. Since 1978, college tuition and fees have soared by 1,120 percent, growing at three times the rate of housing prices and four times the rate of the increase in the hourly wage. The inevitable consequence has resulted in a national student debt that surpassed $1.3 trillion in 2015, crushing the average household under $35,000 in student debt. Breaking Point explains flaws in the structure of higher education that have caused college prices to soar over our lifetime, including…mehr
In recent decades, the crisis of college affordability has emerged as one of the defining challenges of our era. Since 1978, college tuition and fees have soared by 1,120 percent, growing at three times the rate of housing prices and four times the rate of the increase in the hourly wage. The inevitable consequence has resulted in a national student debt that surpassed $1.3 trillion in 2015, crushing the average household under $35,000 in student debt. Breaking Point explains flaws in the structure of higher education that have caused college prices to soar over our lifetime, including "prestige maximization," a perpetual "amenities war," and a predatory lending industry that has not only fostered but encouraged the explosion of college costs. To counter this trend, Kevin Connell proposes several bold solutions that are intended to induce colleges and lenders alike to redefine the structure, price, and ultimate purpose of higher education in America.
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Autorenporträt
Kevin W. Connell is an associate attorney at Ferrara Fiorenza PC where he specializes in Education Law and Labor & Employment Law. Representing roughly 200 public school districts throughout New York State, Kevin works on a myriad of practice areas. These include student and faculty discipline, free speech, religion in schools, special education, board governance, labor relations, and unlawful discrimination. Kevin also assists with the investigation and resolution of complaints made to the Equal Employment Opportunity Commission and New York State Division of Human Rights. Kevin is a cum laude graduate of the University of Rochester, where he graduated in 2015. Following his undergraduate studies, Kevin attended William & Mary Law School.
Inhaltsangabe
Acknowledgments Introduction: The Ticking Time Bomb Chapter 1: Sowing the Seeds of Crisis Chapter 2: Tanked By Rank Chapter 3: Penniless for Perks Chapter 4: Lending Roots: Inception of Greed Chapter 5: Sallie Mae: The Rise of a Lending Empire Chapter 6: Rigged Chapter 7: Breaking Backs to Balance Budgets Chapter 8: A Stake in the Game Chapter 9: The New American College & University
Acknowledgments Introduction: The Ticking Time Bomb Chapter 1: Sowing the Seeds of Crisis Chapter 2: Tanked By Rank Chapter 3: Penniless for Perks Chapter 4: Lending Roots: Inception of Greed Chapter 5: Sallie Mae: The Rise of a Lending Empire Chapter 6: Rigged Chapter 7: Breaking Backs to Balance Budgets Chapter 8: A Stake in the Game Chapter 9: The New American College & University
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