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HomeEducation NewsPresident Biden’s focused pupil debt cancellation helps, however the subsequent era wants...

President Biden’s focused pupil debt cancellation helps, however the subsequent era wants a path to a debt-free diploma

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President Joe Biden’s current cancellation of pupil debt will present tangible advantages to tens of millions of debtors, as will his cancellation of billions owed by college students who’ve been defrauded by their faculties and his transfer to decrease month-to-month funds for all debtors.

That’s excellent news, but it surely isn’t sufficient. The system that bought us right here has not modified.

Hundreds of thousands of scholars are nonetheless borrowing for the upcoming faculty yr; tens of millions extra aren’t enrolling in class as a result of they’ll’t afford to — or as a result of they don’t wish to danger taking over debt. People’ confidence in increased schooling is at an all-time low.

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