Ivory Tower Graduates in the Red: The Role of Debt in Higher Education

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Nicholas D. Hartlep
Lucille T. Eckrich

Abstract

The purpose of this article is to shed critical light on the financial hardships that many individuals, the first author included, experience while earning and paying for advanced degrees. As a young tenure-track assistant professor of educational foundations, Nicholas shares his personal experiences of incurring a great amount of student debt while earning his Ph.D. Lucille, an associate professor, analyzes his account, both during and after, from a critical financial perspective, and both authors conclude with recommendations for all Ph.Ds.—whether newly minted, up-and-coming, or long established—especially those in the field of education.

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