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An in-depth exploration and expos? of the predatory nature of the student loan industry Alan Collinge never imagined he would become a student loan justice activist. He planned to land a solid job after college, repay his student loan debt, and then simply forget the loans ever existed. Like millions of Americans, however, in spite of working hard, Collinge fell behind on payments and entered a labyrinthine student loan nightmare. High school graduates can no longer put themselves through college for a few thousand dollars in loan debt. Today, the average undergraduate borrower leaves school with more than $20,000 in student loans, and for graduate students the average is a whopping $42,000. For the past twenty years, college tuition has increased at more than double the rate of inflation, with the cost largely shifting to student debt. The Student Loan Scam is an expos? of the predatory nature of the $85-billion student loan industry. In this in-depth exploration, Collinge argues that student loans have become the most profitable, uncompetitive, and oppressive type of debt in American history. This has occurred in large part due to federal legislation passed since the mid-1990s th

Who reads The Student Loan Scam: The Most Oppressive Debt in U.S. History - and How We Can Fight Back?

Author

Collinge, Alan

Publisher

Beacon Press

Published

2009

Language

EN

ISBN

9780807042311

Category

education

Subjects

Education, Finance, Business

Rating

3.68 / 5 (99 ratings)

Updated

2026-03-14