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Money Talks: The Student Loan Paradox

Slate Money

CHAPTER

The Tuition Transformation: Reagan and Higher Education Funding

This chapter examines the pivotal change in public university funding in California during Ronald Reagan's governorship, moving from a tuition-free model to one that imposed costs on students. It discusses the impact of socio-political factors like campus protests and the implications of student debt within the context of economic expectations and job prospects. The narrative highlights the challenges of graduate programs and the evolving relationship between elite institutions and employers, questioning the true value of higher education in today's financial landscape.

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