Student loan debt in America has soared above $1.6 trillion, thanks to mounting costs and Pell Grants covering less than they did 50 years ago. Now with a White House announcement that student loan debt would be forgiven for 43 million borrowers, generations of students feel some relief.
EPOL associate professor Jennifer A. Delaney looked at what caused the crisis, what has changed about student loan policy, and why this is just the first step toward fixing the problem. Read more at the link in our bio.
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