In 1972 the U.S. government reauthorized the Higher Education Act with new amendments that not only increased access to college for women and people of color but also left these same students at the “mercy of bankers.” As a result, they were forced to debt-finance their education, as scholar Elizabeth Tandy Shermer wrote in Indentured Students: How Government-Guaranteed Loans Left Generations…
This post was originally published on Latest – Truthout.