BidenPresident
Verified User
The Biden administration has proposed reforms to ease the student-debt crisis. But a real solution must upend a system of cascading inequities. Restoring the dream of higher education as an equalizer requires a holistic solution that attacks all the sources of the problem: a lack of investment in common goods, growing tuition and student debt and exploitative labor practices that undermine the quality of education.
The rise in tuition costs, combined with the growing economic value of a college degree, fuels the crisis of student debt, which today totals $1.7 trillion. To pay for a year of school, three-quarters of American families pay at least 24 percent of their average family income, even after grants are distributed.
https://www.nytimes.com/2021/05/13/opinion/community-college-student-debt-sanders.html
The rise in tuition costs, combined with the growing economic value of a college degree, fuels the crisis of student debt, which today totals $1.7 trillion. To pay for a year of school, three-quarters of American families pay at least 24 percent of their average family income, even after grants are distributed.
https://www.nytimes.com/2021/05/13/opinion/community-college-student-debt-sanders.html
