Student Loan Forgiveness Is a Band-Aid on the College Cost Crisis

As someone who has worked on and studied student loan policy for decades, I appreciate and support these initiatives, especially as they benefit the most vulnerable of student-loan borrowers. But these latest developments start to look like more of a Band-Aid, and less like a long-term solution when given their proper place in history. That’s because none of these new policies, programs, laws and waivers address the actual problem, which is the cost of higher education.