Title
The Debt Trap: How Student Loans Became a National Catastrophe,New
Delivery time: 8-12 business days (International)
An NPR Best Book of 2021From acclaimed Wall Street Journal reporter Josh Mitchell, the devastating account (The Wall Street Journal) of student debt in America.In 1981, a new executive at Sallie Mae took home the companys financial documents to review. Youve got to be shitting me, he later told the companys CEO. This place is a gold mine.Over the next four decades, the student loan industry that Sallie Mae and Congress created blew up into a crisis that would submerge a generation of Americans into $1.5 trillion in student debt. In The Debt Trap, Wall Street Journal reporter Josh Mitchell tells the vivid and compelling (Chicago Tribune) untold story of the scandals, scams, predatory actors, and government malpractice that have created the behemoth that one of its original architects called a monster.As he charts the jawdropping (Jeffrey Selingo, New York Times bestselling author of Who Gets in and Why) seventyyear history of student debt in America, Mitchell never loses sight of the countless student victims ensnared by an exploitative system that depends on their debt. Mitchell also draws alarming parallels to the housing crisis in the late 2000s, showing the catastrophic consequences student debt has had on families and the nations future. Mitchells characterdriven narrative is necessary reading (The New York Times) for anyone wanting to understand the central economic issue of our day.
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Shipping & Returns
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We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Frequently Asked Questions
- Q: What is the main topic of 'The Debt Trap'? A: 'The Debt Trap: How Student Loans Became a National Catastrophe' focuses on the history and impact of student debt in America, detailing how it evolved into a national crisis.
- Q: Who is the author of this book? A: The book is written by Josh Mitchell, a reporter for the Wall Street Journal.
- Q: What is the publication date of 'The Debt Trap'? A: 'The Debt Trap' was published on August 3, 2021.
- Q: How many pages does the book have? A: The book contains 272 pages.
- Q: What is the binding type of 'The Debt Trap'? A: 'The Debt Trap' is available in hardcover.
- Q: Is the book condition new or used? A: The book is in new condition.
- Q: What category does this book fall under? A: 'The Debt Trap' is categorized under Economic History.
- Q: Does the book include any specific case studies or examples? A: Yes, the book includes various case studies and narratives illustrating the personal experiences of individuals affected by student debt.
- Q: What are some key themes discussed in the book? A: Key themes include government malpractice, predatory lending practices, and the historical context of student loans in relation to economic issues.
- Q: Is this book suitable for readers unfamiliar with economic concepts? A: Yes, the book is accessible to general readers and does not require prior knowledge of economic concepts to understand its themes.