Experts weigh in on Biden’s support of $10,000 in student debt forgiveness

January 22, 2021 – In a CNBC.com article about Biden's support of $10,000 in student debt forgiveness, Stacey MacPhetres, Senior Director of College Finance for Bright Horizons College Coach, discusses how the high cost of college isn’t helping the gaping wound caused by student loan debt. She says:

“Any debt forgiveness program puts a Band-Aid on a massive gaping wound. How do we fix the wound first? Many believe that the real problem is the actual overall cost of college. Any proposals that lead us in that direction make a lot of sense.”

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