Thread by @BryanAlexander

Starting in 16 minutes: how did higher education become so financialized? And how might that change?

Join professor Charlie Eaton on the Future Trends Forum today to explore:

shindig.com/login/event/ea…

#FTTE

As a quick update, here's one estimate of the size of student loans, from a Federal Reserve bank.

$1,748,851,870,000.

fred.stlouisfed.org/series/SLOAS

#FTTE

Eaton: financialization and inequality in American society are intertwined with academia.

#FTTE

Administrative bloat is most true of elite universities: Eaton.

#FTTE

Eaton calls for taxing universities with the highest endowments.

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Eaton's New York Times article,

"How Elite Colleges Hide Their Cash"

nytimes.com/2017/11/10/opi…

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@Mark_Rush : who should decide what to do w/ taxes on the richest universities?

Eaton: it should be democratically done.

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@Mark_Rush Example: tax the richest universities to fund a doubling of Pell grants.

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@Mark_Rush (It's @CharlieEatonPhD . Thanks, @VanessaVaile )

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@Mark_Rush @CharlieEatonPhD @VanessaVaile Amanda Burbage asks @CharlieEatonPhD about student debt:

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@Mark_Rush @CharlieEatonPhD @VanessaVaile @CharlieEatonPhD cites @tressiemcphd : you can't have debt student cancellation without free college, and you can't have free college with debt cancellation.

#FTTE