Op-Ed
Op-ed: AU is paying banks with your tuition money
By Erin Thomas | 02/21/2017Financialization is defined as “increase in the size, scope, and power of the financial sector—the people and firms that manage money and underwrite stocks, bonds, derivatives, and other securities—relative to the rest of the economy.” In fact, only 15 percent of the money in our economic system winds up in the “real” economy.
