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If you are a young person, and you work hard enough, you can get a college degree and set yourself on the path to a good life, right? Not necessarily, says Sara Goldrick-Rab, and with Paying the Price, she shows in damning detail exactly why. Quite simply, college is far too expensive for many people today, and the confusing mix of federal, state, institutional, and private financial aid leaves countless students without the resources they need to pay for it. Drawing on an unprecedented study of 3,000 young adults who entered public colleges and universities in Wisconsin in 2008 with the support of federal aid and Pell Grants, Goldrick-Rab reveals the devastating effect of these shortfalls. Half the students in the study left college without a degree, while less than 20 percent finished within five years. The cause of their problems, time and again, was lack of money. Unable to afford tuition, books, and living expenses, they worked too many hours at outside jobs, dropped classes, took time off to save money, and even went without adequate food or housing. In many heartbreaking cases, they simply left school - not with a degree, but with crippling debt. Goldrick-Rab combines that shocking data with devastating stories of six individual students, whose struggles make clear the horrifying human and financial costs of our convoluted financial aid policies. America can fix this problem. In the final section of the book, Goldrick-Rab offers a range of possible solutions, from technical improvements to the financial aid application process, to a bold, public sector-focused "first degree free" program. What's not an option, this powerful book shows, is doing nothing, and continuing to crush the college dreams of a generation of young people.



About the Author

Sara Goldrick-Rab

WATCH SARA GOLDRICK-RAB ON THE DAILY SHOW WITH TREVOR NOAH!
http://www.cc.com/video-clips/ah40j7/the-daily-show-with-trevor-noah-sara-goldrick-rab----paying-the-price--for-higher-education

website: SaraGoldrickRab.com

Short video preview of the book: https://youtu.be/JXER0MQGadE

Twitter: @saragoldrick-rab

Sara Goldrick-Rab is Professor of Higher Education Policy & Sociology at Temple University, and Founder of the Wisconsin HOPE Lab, the nation's only translational research laboratory seeking ways to make college more affordable.

Dr. Goldrick-Rab's commitment to scholar-activism is evidenced by her broad profile of research and writing dissecting the intended and unintended consequences of the college-for-all movement in the United States. In more than a dozen experimental, longitudinal, and mixed-methods studies, she has examined the efficacy and distributional implications of financial aid policies, welfare reform, transfer practices, and a range of interventions aimed at increasing college attainment among marginalized populations. She provides extensive service to local, state, and national communities, working directly with governors and state legislators to craft policies to make college more affordable, collaborating with non-profit organizations seeking to examine the effects of their practices, and providing technical assistance to Congressional staff, think tanks, and membership organizations throughout Washington, DC.

Many professional organizations and foundations have honored Dr. Goldrick-Rab for her work. In 2013, she was invited to testify before the United States Senate Committee on Health, Education, Labor, and Pensions, chaired by Senators Tom Harkin and Lamar Alexander. In 2014, she received the Early Career Award from the American Educational Research Association, and in 2015 she graduated from the William T. Grant Foundation's five-year-long Faculty Scholars program. She was named one of POLITICO's Top 50 thinkers shaping American politics in 2016.

Dr. Goldrick-Rab is widely published in venues such as Educational Evaluation and Policy Analysis, Sociology of Education, Review of Educational Research, and Teachers College Record, and in 2014, Harvard Education Press released her co-edited book, Reinventing Financial Aid: Charting a New Course to College Affordability. In September 2016, the University of Chicago published her latest book, Paying the Price: College Costs, Financial Aid, and the Betrayal of the American Dream.



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