Paying the Price

Paying the Price
By:Sara Goldrick-Rab
Published on 2016-09-01 by University of Chicago Press

If you are a young person, and you work hard enough, you can get a college degree and set yourself on the path to a good life, right? Not necessarily, says Sara Goldrick-Rab, and with Paying the Price, she shows in damning detail exactly why. Quite simply, college is far too expensive for many people today, and the confusing mix of federal, state, institutional, and private financial aid leaves countless students without the resources they need to pay for it. Drawing on an unprecedented study of 3,000 young adults who entered public colleges and universities in Wisconsin in 2008 with the support of federal aid and Pell Grants, Goldrick-Rab reveals the devastating effect of these shortfalls. Half the students in the study left college without a degree, while less than 20 percent finished within five years. The cause of their problems, time and again, was lack of money. Unable to afford tuition, books, and living expenses, they worked too many hours at outside jobs, dropped classes, took time off to save money, and even went without adequate food or housing. In many heartbreaking cases, they simply left school—not with a degree, but with crippling debt. Goldrick-Rab combines that shocking data with devastating stories of six individual students, whose struggles make clear the horrifying human and financial costs of our convoluted financial aid policies. America can fix this problem. In the final section of the book, Goldrick-Rab offers a range of possible solutions, from technical improvements to the financial aid application process, to a bold, public sector–focused “first degree free” program. What’s not an option, this powerful book shows, is doing nothing, and continuing to crush the college dreams of a generation of young people.

This Book was ranked at 27 by Google Books for keyword Loans.

Book ID of Paying the Price's Books is Us3CDAAAQBAJ, Book which was written bySara Goldrick-Rabhave ETAG "sPbkH4yZ5sg"

Book which was published by University of Chicago Press since 2016-09-01 have ISBNs, ISBN 13 Code is 9780226404486 and ISBN 10 Code is 022640448X

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Book which have "368 Pages" is Printed at BOOK under CategoryEducation

This Book was rated by 1 Raters and have average rate at "4.0"

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