Los Angeles Times

Editorial: The problem with college debt is that we never fix the causes

Rashida Tlaib speaks at a Student Loan Forgiveness rally on Pennsylvania Avenue and 17th street near the White House on April 27, 2022, in Washington, D.C..

President Joe Biden has wisely resisted pressure to issue blanket forgiveness for graduates’ college debt of up to $50,000 per borrower. Instead, the president has chosen more targeted — and fair — approaches.

Those have included allowing debtors to stop paying on their loans during the pandemic without owing any additional interest on the loan; canceling the debt of severely disabled grads and those who were taken in by for-profit schools that made false promises or that closed down before they could finish their

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