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This thought-provoking work traces the origins of voucher-based education reform to mid-twentieth-century fears over school desegregation. It shows how, in the intervening decades, a cabal of billionaire conservatives supporting a host of special political interests-including economic libertarianism, religious choice, and parental rights-have converged around the issue of education freedom in an ongoing culture war. Through deliberate policymaking, legislation, and litigation, Cowen reveals, an insular advocacy network has enacted a flawed system for education finance driven largely by dogma.

College costs more today than ever and is worth less. Tuition at public colleges has more than tripled in the past 50 years. Over the same period student debt has grown from virtually nothing to more than $1.7 trillion, second only to home mortgages. Skyrocketing student-loan burdens are leading an entire generation to put off the traditional milestones of adulthood: buying homes, getting married, starting families, and saving for retirement.