Bankers in the Ivory Tower: The Troubling Rise of Financiers in Us Higher Education Eaton Charlie
Exposes the intimate relationship between big finance and higher education inequality in America.Elite colleges have long played a crucial role in maintaining social and class status in America while…
Specifikacia Bankers in the Ivory Tower: The Troubling Rise of Financiers in Us Higher Education Eaton Charlie
Exposes the intimate relationship between big finance and higher education inequality in America.Elite colleges have long played a crucial role in maintaining social and class status in America while public universities have offered a major steppingstone to new economic opportunities. However, as Charlie Eaton reveals in Bankers in the Ivory Tower, finance has played a central role in the widening inequality in recent decades, 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 financiers that mediate them. Beginning in the 1980s, the government, colleges, students, and their families took on multiple new roles as financial investors, borrowers, and brokers. The turn to finance, however, has yielded wildly