Rather than after that intervention, just after President Biden cancels some degree away from education loan personal debt, college students will continue to take-out finance and you may, once again, accumulate financial obligation. Colleges and universities will continue to take in billions of taxpayer bucks versus enough reason towards pricing they costs and develops inside the university fees time after time.

In order to prevent the right position where several other round regarding broad-centered loans cancellation is necessary down the road, Congress need certainly to address the root causes of education loan personal debt by the increasing give support, managing the real price of advanced schooling, and you can implementing stronger organization liability actions. Continue reading →