Almost 50 million Americans have cumulatively borrowed more than $1.5 trillion to attend college. Roughly one-third of all adults aged 25 to 34 have a student loan. In Education without Debt businessman and philanthropist Scott MacDonald examines the real-life impact of crushing levels of student debt on borrowers and what can be done to fix this crisis.
Weaving together stories of debt-impaired lives with stories of personal success achieved with the essential help of financial aid, MacDonald reveals the devastating personal and societal impact of the debt problem and offers possible solutions. He explores the efforts of colleges and private philanthropists to make education affordable and relates his own experience of funding financial aid for need-eligible students at five universities.
Education without Debt is a must-read book for anyone concerned about the rising cost of education and what to do about this critical policy and societal issue.
About the Author
Scott grew up near Chicago and currently resides in Del Mar, California. In between, he lived in many places including Sydney, London, New York, Houston, Philadelphia, Annapolis, Evanston, and San Diego.Prior to graduating from college Scott held a variety of jobs including washing dishes, sweeping streets, telling fortunes, and factory work. He learned management from the bottom of the ladder looking up and then on his journey up the ladder to the CEO corner office.
He graduated from Indiana University in Bloomington, Indiana and The University of North Carolina in Chapel Hill, North Carolina.
Scott has two wonderful sons of whom he is very proud and three wonderful grandchildren.
He has forty years of experience working and managing commercial real estate companies including serving as CEO, President, or Managing Director of five companies. He has worked on major projects around the globe and has managed several corporate turnarounds.
Since stepping down as CEO of Investa Property Group in Sydney, Scott has devoted his time to real estate investment consulting, setting up MacDonald Scholarship programs at universities, writing, ancestry research, and local government affairs. For more information, go to: