Sept 29: What Financialization is Costing our Universities and Students


We’ve all read about skyrocketing tuition costs and declining state support for universities, but what’s often overlooked is how Wall Street has contributed to the budgetary crisis in higher education. The Roosevelt Institute network and the ReFund America Project’s latest report, The Financialization of Higher Education, sheds light on the toxic financial deals that have cost our colleges and universities billions.

This research is brought to you by the biggest victims of these deals: the students who have been shut out of the decisions that will shape their future. To dig our learning institutions out of debt, we’ll need to rewrite the rules of the system—and change who writes them.

On September 29, join Rana Foroohar of Time Magazine, Carrie Sloan of the ReFund America Project, and Dominic Russel of Roosevelt @ University of Michigan for Students Over Swaps: What Financialization is Costing our Universities and Students, a discussion of our latest findings and where we go from here.


Roosevelt Institute

570 Lexington Ave, Fifth Floor

New York, NY 10022

6:30 PM – 8:00 PM

The event is FREE but RSVP is required. 


Rana_Foroohar_headshotRana Foroohar is an assistant managing editor at TIME, and writes the Curious Capitalist column. She is also CNN’s global economic analyst. Her book, “Makers and Takers: The Rise of Finance and the Fall of American Business,” about why the capital markets no longer support business and how that’s creating slower growth and greater inequality, will be published by Crown in May of 2016.

Prior to joining TIME and CNN, Foroohar spent 13 years at Newsweek, as an economic and foreign affairs editor and a foreign correspondent covering Europe and the Middle East. During that time, she was awarded the German Marshall Fund’s Peter Weitz Prize for transatlantic reporting. She has also received awards and fellowships from institutions such as the Johns Hopkins School of International Affairs and the East West Center. She is a life member of the Council on Foreign Relations. Foroohar graduated in 1992 from Barnard College, Columbia University. She lives in Brooklyn with her husband, the author John Sedgwick, and her two children.

Dominic Russel_Student Board of AdvisorsDominic Russel is a senior at the University of Michigan studying Data Science with a minor in Political Science. He is interested in the intersection of policy, economics, and social justice and passionate about using quantitative analyses to foster stronger and more equitable communities. Dominic is currently the co-president of the Roosevelt Institute at the University of Michigan and the chair of the Student Board of Advisors for the national network.

Carrie Sloan is a Senior Research Analyst at the ReFund America Project, where she works on campaigns to restore the balance of economic power from Wall Street to Main Street. Prior to that, she spent more than 10 years working in the labor movement as a strategic researcher for the Service Employees International Union and a rank and file member of the United Auto Workers. She holds a master’s degree from the University of California at San Diego.