{"product_id":"the-student-loan-mess-how-good-intentions-created-a-trilliondollar-problem","title":"The Student Loan Mess: How Good Intentions Created a Trillion-Dollar Problem","description":"\u003cp\u003eThis illuminating investigation uncovers the full dimensions of the student loan disaster. A father and son teamone a best-selling sociologist  the other a former banker and current quantitative researcherprobes how weve reached the point at which student loan debtnow exceeding $1 trillion and predicted to reach $2 trillion by 2020threatens 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 $27 000 at graduation  what are the prospects for young adults in the current economy? Examining how weve 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.\u003c\/p\u003e","brand":"My Store","offers":[{"title":"Default Title","offer_id":44965042356277,"sku":"ByrdShop_0520276450","price":25.76,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0627\/8139\/0901\/files\/9780520276451.jpg?v=1770487228","url":"https:\/\/atxbooks.com\/products\/the-student-loan-mess-how-good-intentions-created-a-trilliondollar-problem","provider":"ATX Books","version":"1.0","type":"link"}