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Podcast: New Books in Education
Episode: Charlie Eaton, "Bankers in the Ivory Tower: The Troubling Rise of Financiers in US Higher Education" (U Chicago Press, 2022)
Description: Elite colleges have long played a crucial role in maintaining social and class status in America while public universities have offered a major stepping-stone to new economic opportunities. However, as Charlie Eaton reveals in Bankers in the Ivory Tower: The Troubling Rise of Financiers in US Higher Education (U Chicago Press, 2022), finance has played a central role in the widening inequality in recent decades, both in American higher education and in American society at large.With federal and state funding falling short, the US higher education system has become increasingly dependent on financial markets and the financiers th...