Student loan debt in the U.S. has burgeoned to 1.7 trillion dollars. And over the past two years, many borrowers have paused on paying these loans because the government paused on payment deadlines due to the COVID-19 pandemic. Last month, Biden’s administration vowed to cancel $10,000 of student loan debt for the average borrower and up to $20,000 for Pell Grant recipients. We highlight what this move achieves (and doesn’t) and what solutions are needed to solve this problem long-term. Learn More: https://viewpointsradio.org/the-higher-education-cost-crisis-part-1 Learn more about your ad choices. Visit megaphone.fm/adchoices