Bankers in the ivory tower : the troubling rise of financiers in US higher education
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書誌事項
Bankers in the ivory tower : the troubling rise of financiers in US higher education
University of Chicago Press, 2022
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Content Type: text (rdacontent), Media Type: unmediated (rdamedia), Carrier Type: volume (rdacarrier)
Includes bibliographical references and index
Summary: "Higher education has always played a crucial role in maintaining elite status in American culture. Historically, it has also been a way for Americans to transform their social and class status, and public universities have been a major stepping stone to new economic opportunities. However, as Charlie Eaton reveals in Bankers in the Ivory Tower, finance is playing a central role in widening inequality both in American higher education and in American society at large. With federal and state funding falling short, the US higher education system has become increasingly dependent on financial markets and the financial organizations which mediate them. At the same time, the nation's most exclusive colleges have embedded America's ascendant financiers in social networks, a common culture, and shared identities with the country's broader elite. Financiers leveraged these elite ties in pushing for policy and organizational changes that would lead to profits for the top 1% such as the expansion student loans
収録内容
- Universities and the social circuitry of finance
- Our new financial oligarchy
- Bankers to the rescue : the political turn to student debt
- The top : how universities became hedge funds
- The bottom : a Wall Street takeover of for-profit colleges
- The middle : a hidden squeeze on public universities
- Reimagining (higher education) finance from below
- Methodological appendix : a comparative, qualitative, and quantitative study of elites
