Overview

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.

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9780253051431

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An analytically rigorous and movingly impassioned introduction to a major national issue. * Kirkus Review *

An analytically rigorous and movingly impassioned introduction to a major national issue. (Kirkus Review)

Author Information

Scott MacDonald is the author of Think Like a Dog: How Dogs Teach Us to Be Happy in Life and Successful at Work (IUP. 2019). He has had a successful career working on commercial real estate projects throughout the world. He has been CEO or president of several companies, including Investa Property Group in Sydney, Australia; New Plan Excel in New York City; Center America Property Trust in Houston, Texas; and the affiliated companies of Trizec Hahn in San Diego, California. He was a longtime advisor to Morgan Stanley Real Estate Funds in London and New York.

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