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Monday, June 20, 2016

Book Review - Solving the Student Loan Crisis: Dreams, Diplomas & A Lifetime Debt

Solving the Student Loan Crisis: Dreams, Diplomas & A Lifetime Debt

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About the Book
Higher education should not be a business from which many profit while millions go into a lifetime of debt! American higher education is at the point of colossal failure. Thanks to the creation of "Higher Ed Inc.," we now live in a dysfunctional country with millions of Americans struggling to pay or completely unable to pay their student loan debts. Millions of new students going to college will end up equally in debt, saddled with loans and unable to join the middle class and enjoy the American dream. The student loan debt crisis is no longer a matter that each student or family can solve on their own. We need everyone to put our voices together to push aggressively for change. Read this book and join us if you are among the millions of current student loan debtors, future students and parents about to take out loans, or policymakers and politicians who want to help fix our broken system of higher education.



My Take on the Book
I have worked in higher education for many years and have found that the amount of debt that students are leaving their degrees with continues to exponentially increase. This crisis in higher education in my point of view is making higher education more and more unattainable for some. The other challenge is that there have been some student loan companies that have followed questionable practices over the years in how they solicit and sell the products that they have.

This author provides a down-to-earth, understandable conversation to demystify the student loan industry. The author does a great job at helping the reader to understand the history behind the practices as well as lays out the problems with the current system. She even provides some possible fixes that were interesting and unique.

I appreciated the stories that were shared in the book and you can truly see the passion that she brings to this topic due to her own personal experiences.

The book provides a great guide for understanding student debt, this book is a great primer!


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