TY - BOOK AU - Shermer,Elizabeth Tandy TI - Indentured students: how government-guaranteed loans left generations drowning in college debt SN - 9780674251489 AV - LB2342.4 .U6 S54 2021 PY - 2021/// CY - Cambridge, Massachusetts PB - The Belknap Press of Harvard University Press KW - College costs KW - United States KW - History KW - Debt KW - Educational equalization KW - Federal aid to higher education KW - Student loans N1 - Includes bibliographical references and index; Introduction: Drowning in debt -- Honorably financing college -- Will work for school -- A bill of rights for only some GIs -- The fizzled response to Sputnik -- Federally guaranteed students -- Reauthorizing the loan industry -- Bankers lose their sweetheart deal -- Epilogue: A brave new world of indentured students N2 - "It is widely understood that student loan assistance has inflated college tuition, student debt, and lender profits. Less often recognized is that these outcomes were intended. Elizabeth Tandy Shermer uncovers the history of federal student loans, showing that they were designed to appease constituencies opposed to affordable higher education"-- ER -