New Report: The Financialization of Higher Education

Posted by Roosevelt Institute on September 26, 2016

We’ve all read about skyrocketing tuition costs and declining state support for universities, but what’s often overlooked is how Wall Street has contributed to the budgetary crisis in higher education.

Our latest report with ReFund America Project, The Financialization of Higher Education, sheds light on toxic interest rate swaps that have cost our colleges and universities billions. ($2.7 billion dollars to be exact).

http://rooseveltinstitute.org/financialization-higher-education/

This research is brought to you by the biggest victims of these deals: students who have been shut out of the decisions that will shape their future. To dig our learning institutions out of debt, we’ll need to rewrite the rules of the system — and change who writes them.

This report is our clarion call to prioritize the next generation of students over wealthy Wall Street banks. Read the report here. If you want to help us spread the word about the report, we’ve also put together a social media kit using the hashtag #StudentsOverSwaps.

Onwards,

Joelle

P.S. On Thursday, September 29, we’re hosting a discussion of the report’s findings and where we go from here with Rana Faroohar of Time Magazine, Carrie Sloan of Refund America Project, and Dominic Russel of Roosevelt @ University of Michigan in New York City. Save your seat today or be part of the conversation on Facebook Live using #StudentsOverSwaps.

http://www.eventbrite.com/e/what-financialization-is-costing-our-universities-and-students-tickets-27614526793