Higher education financing allows many Americans from lower- and middle-income backgrounds to invest in education. However, over the past 30 years, college tuition prices have increased faster than median incomes, leaving many Americans with large amounts of student debt that they struggle or are unable to, pay off.
![White House News: The Economics of Administration Action on Student Debt | CEA - The White House](https://www.robinspost.com/newslogos/sources/en/english-google-news-overlay.php?src=https://www.whitehouse.gov/wp-content/uploads/2024/04/Picture1.png&cat=whitehouse.gov&nsrc=www.whitehouse.gov&file.jpg)
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![White House News: The Economics of Administration Action on Student Debt | CEA - The White House](https://www.robinspost.com/newslogos/sources/en/english-google-news-overlay.php?src=https://www.whitehouse.gov/wp-content/uploads/2024/04/Picture1.png&cat=whitehouse.gov&nsrc=www.whitehouse.gov&file.jpg)
Source:www.whitehouse.gov
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