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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 "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.
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.
Degrees of Deception explains the development and widespread abuses
of the for-profit higher education sector in America. To illustrate
the scope and degree of wrongdoing in for-profit higher education,
readers are exposed to the industry in the same sequential order
that students experience it in reality. A few examples include
predatory recruitment, targeting military service members,
questionable quality of programs, predatory lending, high
withdrawal and default rates, manipulation of job placement data,
and strategic lobbying efforts to block comprehensive reform.
Following this analysis, Degrees of Deception offers bold and
unprecedented solutions to tackle the crisis in a way that protects
millions of student victims and taxpayers indefinitely.
Degrees of Deception explains the development and widespread abuses
of the for-profit higher education sector in America. To illustrate
the scope and degree of wrongdoing in for profit higher education,
readers are exposed to the industry in the same sequential order
that students experience it in reality. A few examples include
predatory recruitment, targeting military service members,
questionable quality of programs, predatory lending, high
withdrawal and default rates, manipulation of job placement data,
and strategic lobbying efforts to block comprehensive reform.
Following this analysis, Degrees of Deception offers bold and
unprecedented solutions to tackle the crisis in a way that protects
millions of student victims and taxpayers indefinitely.
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