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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
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
FullText Text:
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  Data: 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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  Data: <searchLink fieldCode="AR" term="%22Alice+E%2E+Lee%22">Alice E. Lee</searchLink><br /><searchLink fieldCode="AR" term="%22Karina+G%2E+Salazar%22">Karina G. Salazar</searchLink><br /><searchLink fieldCode="AR" term="%22Gary+Rhoades%22">Gary Rhoades</searchLink>
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  Data: <searchLink fieldCode="SO" term="%22Review+of+Higher+Education%22"><i>Review of Higher Education</i></searchLink>. 2024 48(1):61-95.
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  Data: 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
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  Data: 35
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  Data: <searchLink fieldCode="DE" term="%22Utah%22">Utah</searchLink><br /><searchLink fieldCode="DE" term="%22Illinois%22">Illinois</searchLink>
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  Data: 10.1353/rhe.2024.a937144
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  Data: 0162-5748<br />1090-7009
– Name: Abstract
  Label: Abstract
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  Data: 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.
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  Data: EJ1451369
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      – Text: English
    PhysicalDescription:
      Pagination:
        PageCount: 35
        StartPage: 61
    Subjects:
      – SubjectFull: Ability
        Type: general
      – SubjectFull: Paying for College
        Type: general
      – SubjectFull: Research Universities
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      – SubjectFull: Tuition
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      – SubjectFull: Bias
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      – SubjectFull: Racial Factors
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      – SubjectFull: Federal Government
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      – SubjectFull: Public Agencies
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      – SubjectFull: Access to Education
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      – SubjectFull: Utah
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      – SubjectFull: Illinois
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      – TitleFull: 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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