文章基本信息

标题：Investing in College Education: Debtors, Bettors, Lenders, Brokers
本地全文：下载
作者：Ellen Messer-Davidow
期刊名称：Humanities
电子版ISSN：2076-0787
出版年度：2017
卷号：6
期号：2
页码：20
DOI：10.3390/h6020020
语种：English
出版社：MDPI Publishing
摘要：Federal and private lenders have issued college student loans, now rising above $1.3 trillion nationwide and, to gain revenues for continued lending, sell them to securitizers who in turn bundle them into asset-backed securities. This paper argues that the magnitude of debt, high rates of default and forgiveness, and uncertain long-term repayment by borrowers facing lackluster job opportunities replicate the techniques of neoliberal financialization (subprime mortgages, securitization, overstocked housing market) that triggered the 2008 economic meltdown.
关键词：college student debt; Federal Direct Loan Program; loan industry; financialization; loan securitization; profit from debt college student debt ; Federal Direct Loan Program ; loan industry ; financialization ; loan securitization ; profit from debt