College costs keep snowballing despite Biden’s efforts to ease student debt burden

“They’ve really done things to address some of the most vulnerable borrowers out there, and I don’t want to take any of that away from them, but the frustrating part is the problem isn’t student loans — student loans is a symptom. The problem is the cost of higher education,” said Betsy Mayotte, president of The Institute of Student Loan Advisors. “So what’s been frustrating me is that there hasn’t been a more robust conversation about fixing the actual problem.”