Education without Debt, livre ebook

Almost 50 million Americans have cumulatively borrowed more than $1.5 trillion to attend college. Roughly one-third of all adults aged 25 to 34 have a student loan. In Education without Debt businessman and philanthropist Scott MacDonald examines the real-life impact of crushing levels of student debt on borrowers and what can be done to fix this crisis.

Weaving together stories of debt-impaired lives with stories of personal success achieved with the essential help of financial aid, MacDonald reveals the devastating personal and societal impact of the debt problem and offers possible solutions. He explores the efforts of colleges and private philanthropists to make education affordable and relates his own experience of funding financial aid for need-eligible students at five universities.

Education without Debt is a must-read book for anyone concerned about the rising cost of education and what to do about this critical policy and societal issue.

Foreword
Introduction

PART 1: The Crisis of Student Debt
1. The Rising Level of Student Debt and Societal Implications
2. More Stories of Student Debt
3. Betrayed by the Dream Factory (Samual Garner)
4. College as an Investment (Ken Ruggerio)
My Story: From Herding Goats to Graduating from College (Mohamed O. Mohamed)

PART 2. College Costs and Financial Aid
5. Why College Costs So Much
6. The History of Financial Aid for College Students
My Story: I've Got Angels All Around Me (Austin Galy)

PART 3: Universities Taking the Initiative
7. What Schools Are Doing to Reduce Student Debt
My Story: Tattooed Tales (Hannah Locklear)

PART 4: Giving Back
8. The Importance of Philanthropy
9. Giving Back (Milt Stewart)
10. John Kuykendall and Davidson College
My Story: Getting an Education and Giving Back in Africa (Edward Kabaka)

PART 5. Stories from Scholarship Donors
11. Barnard Scholarship—Not Just about the Money (David Barnard)
12. Robert J. Lake Scholarship—in Memory of My Father (Gilmour Lake)
13. Changing a Life to Change the World (Dwight Worden)
14. Upon Reflection (Judy Benson)
My Story: Searching for Financial Aid (Anya Thompson)

PART 6. Paying It Forward
15. Unmet Social Needs and Inadequate Funding
16. Community Engagement at Universities
17. The Ginsberg Center and the University of Michigan
18. The Carolina Center for Public Service and the University of North Carolina
19. The Mulvaney Center and the University of San Diego
My Story: From Farmworker Boy to Pediatrician (Ramon Resa)

Conclusion: What Must Be Done

Appendix: More Stories of Hope and Inspiration
A. Finding a Purpose after Prison (Martin Leyva)
B. From Night Watchman to College Success
C. Overcoming Adversity to Earn a Degree

Acknowledgments
Notes