Sunday, July 23, 2023

Student loan debt relief is only a Band-Aid solution - Owen Lavine, EdSource

If we are serious about ensuring education is a human right, then removing the cost barrier should be the modus operandi. It seems the rest of the modernized world has figured it out; it’s time we follow in their footsteps and make college free for all. The Biden administration’s relief program would have expunged roughly $500 billion of the outstanding $1.7 trillion of student loan debt, a fraction of the cost of tuition-free college for all in the United States, which carries a price tag of around $58 billion a year. Our money could buy a lot more for a lot less — it’s time we reorient our focus away from short-term Band-Aid solutions and move instead move toward removing the cost barrier of higher education.

https://edsource.org/2023/student-loan-debt-relief-is-only-a-band-aid-solution/694099