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ERIC Number: EJ1093437
Record Type: Journal
Publication Date: 2016-Feb-11
Pages: N/A
Abstractor: ERIC
Reference Count: N/A
ISBN: N/A
ISSN: ISSN-1938-5978
Still Indentured … and Their Parents Too
Johannsen, Cryn
New England Journal of Higher Education, Feb 2016
In 2010, the author wrote an essay, "The New Indentured Educated Class," for "The New England Journal of Higher Education." This piece was pivotal in raising public awareness about a new group of Americans, an enormous group of people--educated and deeply in debt. At that point, few were talking about the student loan debt crisis, aside from the author and a couple of others. However, things have changed--politicians are not only openly acknowledging the crisis, but talking about it as a real issue in the 2016 presidential election. Newspapers publish articles on the topic daily. That is because outstanding student loan debt is now a whopping $1.3 trillion, and over 43 million Americans carry that debt burden. In this article, the author argues that almost every American is affected by this crisis. In the very least, it affects 1 in 4 Americans, and in ways that make life quite difficult, both financially and emotionally.
New England Board of Higher Education. 45 Temple Place, Boston, MA 02111. Tel: 617-357-9620; Fax: 617-338-1577; e-mail: info@nebhe.org; Web site: http://www.nebhe.org
Publication Type: Journal Articles; Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A