Embedded Classed and Raced Academic Capitalism in an Innovative 'Solution' to College Costs: Income Share Agreements at Two Public AAU Research Universities
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| Title: | Embedded Classed and Raced Academic Capitalism in an Innovative 'Solution' to College Costs: Income Share Agreements at Two Public AAU Research Universities |
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| Language: | English |
| Authors: | Alice E. Lee, Karina G. Salazar, Gary Rhoades |
| Source: | Review of Higher Education. 2024 48(1):61-95. |
| Availability: | Johns Hopkins University Press. 2715 North Charles Street, Baltimore, MD 21218. Tel: 800-548-1784; Tel: 410-516-6987; Fax: 410-516-6968; e-mail: jlorder@jhupress.jhu.edu; Web site: https://www.press.jhu.edu/journals/list |
| Peer Reviewed: | Y |
| Page Count: | 35 |
| Publication Date: | 2024 |
| Document Type: | Journal Articles Reports - Research |
| Education Level: | Higher Education Postsecondary Education |
| Descriptors: | Ability, Paying for College, Research Universities, Tuition, Student Financial Aid, Commercialization, Income Contingent Loans, Social Class, Bias, Racial Factors, Federal Government, Public Agencies, Reputation, Access to Education |
| Geographic Terms: | Utah, Illinois |
| DOI: | 10.1353/rhe.2024.a937144 |
| ISSN: | 0162-5748 1090-7009 |
| Abstract: | College affordability concerns have led to new "solutions" for financing college costs, such as income share agreements (ISAs). Drawing on a racialized understanding of academic capitalism, we explore the intersection of higher education, markets, and the state in how ISAs are marketed by two public universities. We find ISAs are advertised as market-based solutions, framing universities as altruistic problem-solvers and students as philanthropic investors. Yet, we also find that institutions' website promotion of ISAs is raced and classed, targeting current "traditional," White, upper-middle class students. Finally, we compare institutional narratives to federal guidance regarding ISAs, revealing further blurring between the public sector and private marketplace. |
| Abstractor: | As Provided |
| Entry Date: | 2024 |
| Accession Number: | EJ1451369 |
| Database: | ERIC |
| Abstract: | College affordability concerns have led to new "solutions" for financing college costs, such as income share agreements (ISAs). Drawing on a racialized understanding of academic capitalism, we explore the intersection of higher education, markets, and the state in how ISAs are marketed by two public universities. We find ISAs are advertised as market-based solutions, framing universities as altruistic problem-solvers and students as philanthropic investors. Yet, we also find that institutions' website promotion of ISAs is raced and classed, targeting current "traditional," White, upper-middle class students. Finally, we compare institutional narratives to federal guidance regarding ISAs, revealing further blurring between the public sector and private marketplace. |
|---|---|
| ISSN: | 0162-5748 1090-7009 |
| DOI: | 10.1353/rhe.2024.a937144 |
