Biden’s cancellation of billions in debt won’t solve the larger problem

From The Atlantic: “The debt relief—which by one estimate could cost a total of $300 billion—is a massive benefit for Americans who have struggled to repay loans they accrued attending college, whether they completed a degree or not. But equally as important as addressing the damage that student loans have caused is ensuring that Americans aren’t saddled with overwhelming debt again. And the underlying issue of college affordability can be addressed only if America once again views higher education as a public good. Belatedly canceling some student debt is what a country does when it refuses to support students up front.”

View the full article from The Atlantic.

Weekly Education Email Newsletter

Our weekly email delivers all the latest news from the world of higher education direct to your inbox.