What the Biden administration can do next to tackle rising college tuition
College costs have far outpaced inflation for at least a decade, fueling the student debt crisis and pushing the Biden administration to pursue drastic overhauls – beginning with debt forgiveness.
Critics of debt forgiveness point to myriad issues with the plan, as it fails to address directly the needs of future borrowers by leaving college tuition and fees unaddressed. It’s been a glaring issue facing higher education for decades, with college costs increasing 63 percent from 2006 to 2016.