President Biden’s targeted student debt cancellation helps, but the next generation needs a path to a debt-free degree
President Joe Biden’s recent cancellation of student debt will provide tangible benefits to millions of borrowers, as will his cancellation of billions owed by students who have been defrauded by their colleges and his move to lower monthly payments for all borrowers.
That’s good news, but it isn’t enough. The system that got us here has not changed.
Originally published: August 31, 2022
Author: Sameer Gadkaree
Institution: The Institute for College Access and Success
Published by: The Hechinger Report