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More than 46 million people in the US have student debt, totaling almost two trillion dollars—and the political system seems designed to do nothing about it. This month’s Higher Education newsletter looks at the relationship between the student debt machine and a political system that is failing the people. Our first piece analyzes reform efforts from the Biden administration that chip away at the debt problem. Our second piece takes a look at the lack of debt holdings amongst members of Congress, and how it may be a reason that debt cancellation is not a policy priority. Next, Astra Taylor and Eleni Schirmer argue that we must organize to move risk off the backs of individuals and back onto the system. Lastly, we invite you to subscribe to receive the latest issue of our magazine, where writers explore what society would look like if institutions like colleges were owned by the people.
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