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2021 | OriginalPaper | Buchkapitel

Race, Social Justice, and Higher Education Financial Aid in the United States: The Case of African Americans

verfasst von : Dara Bright, Willie Pearson Jr

Erschienen in: Social Justice and Education in the 21st Century

Verlag: Springer International Publishing

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Abstract

The chapter examines the effects of access and distribution of financial aid on college access and retention of African Americans. Traditionally, higher education has been touted as the most viable means of upward social mobility for those below the middle class. In particular, many African Americans embraced college education as a critical credential to middle-class status. By examining structural inequities in federal policies, the authors reveal the social injustice impacts of financial aid policies on the educational aspirations of African Americans.
This chapter selects five federal policies for case study evaluation; these federal policies were selected by their quantifiable impacts of African American students. Structural racism is embedded into the fabric of America and therefore we utilize this paradigm to assist in our analysis of the long-term impacts that the federal policies had on African American students. The analysis unveils the structural racism embedded in financial aid policies that continuously failed to equalize the higher education landscape for Black students. Based on the review of the five federal policies, this chapter recommends that higher education lobbying groups, as well as universities, continue to directly engage with the policy making process and develop taskforces to determine institutional racism and appropriate responses.

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Fußnoten
1
The terms Black and African American are used interchangeably in this chapter and refer to persons having origins in any of the black racial groups of Africa.
 
2
Non-profit universities refer to schools that do not aim to make a profit from educating students.
 
3
Nontraditional students are students who fit one of the following descriptions: adult learners, or those who delay enrollment, attend school part-time, works full-time, financially independent, has dependents, or is a single parent.
 
4
For-profit institutions refer to higher education institutions that operate as a business and seek to generate a profit by providing a service, education, which is unlike other forms of universities in the USA.
 
5
Race, in this chapter, refers to the social grouping of humans based on skin color.
 
6
FAFSA is an acronym for Free Application for Federal Student Aid. This application is filled out by college students to determine how much financial aid they qualify for.
 
7
Ethnicity refers more to culture and language. In the United States, respondents are asked to give both their Race AND Ethnicity. For instance, someone may identify as Hispanic AND White OR Hispanic and Black.
 
8
Federal refers to the national government.
 
9
Socioeconomic status refers to one’s social and economic status.
 
10
The grant component including Academic Competitiveness Grant and National SMART Grants were passed in February 2006 for a Fall 2006 implementation.
 
11
Discretionary income is the amount by which the person’s adjusted gross income exceeds 150% of the federal poverty line applicable to the borrower’s family.
 
12
Redlining is a system created by the Home Owners’ Loan Corporation (HOLC) which created four categories of neighbor rankings to determine whether a given neighborhood was a good risk for mortgage loans, irrespective of the qualifications of the individual applying for a mortgage loan. HOLC’s rating system clearly invoked “race and made the presence of minorities or their impending presence in a neighborhood determinative of that community’s creditworthiness” (Rheingold, Fitzpatrick, & Hofeld Jr, 2000, p. 643).
 
13
The term for this act is called reverse redlining.
 
14
Subprime loans are higher-cost loans to borrowers “with blemishes on their credit records” (Page, 2004, p. 2).
 
15
Predatory lending practices include lending behaviors such as subprime loans and ballooning. Predatory lending is defined as consumer loans with any or all of the following characteristics: “aggressive and deceptive marketing, lack of concern for the borrower’s ability to pay, high interest rates and excessive fees, unnecessary provisions that do not benefit the borrower, large prepayment penalties or faulty underwriting” (Hill & Kozup, 2007, p. 29). Ballooning is the practice of giving lenders low monthly payments for their loan, but it usually only covers the cost of the monthly interest (Carr & Kolluri, 2001).
 
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Metadaten
Titel
Race, Social Justice, and Higher Education Financial Aid in the United States: The Case of African Americans
verfasst von
Dara Bright
Willie Pearson Jr
Copyright-Jahr
2021
Verlag
Springer International Publishing
DOI
https://doi.org/10.1007/978-3-030-65417-7_9