"There is much we don’t yet know about President Biden’s anticipated plan for student loan forgiveness. One thing is certain though: while this will benefit millions of borrowers, it will not fix our broken student loan system. We need to help people who are struggling with student debt, but providing limited forgiveness today will not help all current or future borrowers," The Hill writes.
... "Colleges and universities must examine ways to explain their pricing to current and prospective students, using transparent and easily understood financial aid award letters. The National Association of Student Financial Aid Administrators has already proposed a model to follow, and implementing it doesn’t require anything other than campus leadership."
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Publication Date: 7/1/2022