Obtaining a college degree is positively correlated with gains in socioeconomic mobility. However, college is expensive. Given the importance of college in increasing social mobility, lawmakers have proposed eliminating student debt. Joe Biden, for example, has incorporated eliminating student debt into his presidential campaign promise. While…

College is getting harder to afford every year. Debt mounts and jobs, especially in certain industries, don't necessarily provide the financial return they once did. It should come as no surprise to administrators that students and families are feeling the pinch. Rather than ignore the problem, higher education leaders, policymakers, and others…