Editorial: The problem with college debt is that we never fix the causes
by The Times Editorial Board, Los Angeles Times
May 27, 2022
3 minutes
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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