Fixing the Student-Debt Crisis Isn’t Enough Elizabeth Tandy Shermer, The Chronicle Review Educators, students, policymakers, and others are in the midst of a welcome national conversation about the student debt crisis, and there’s plenty to say on that front. Significant cancellation of the $1.7 trillion owed by borrowers would offer vital, immediate relief to more than 45 million Americans.
But we also need to think bigger if we want to prevent public goods, like colleges and universities, from becoming private luxuries. It’s time to overhaul our existing models for financing higher education, writes Elizabeth Tandy Shermer of Loyola University Chicago in this commentary. |