Student debt relief is coming, but college is still expensive

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The Biden administration has officially rolled out a plan to cancel some student debt for certain individual borrowers. But that doesn't change the fact that the cost of college tuition is running at record-high levels. We look at why higher education is so expensive. Plus, get your Federal Reserve "bingo cards" ready for the Jackson Hole Economic Symposium, which kicks off today. If you want to know what to watch for in Fed Chair Jerome Powell's speech planned for tomorrow, we have you covered. And, welcome news for consumers: A handful of retailers have recently announced they'll be marking down products to try to get them out the door and clear excess inventory they've accumulated during the pandemic.
The team
David Brancaccio
Host
Victoria Craig
Host, BBC
Stephen Ryan
Senior Producer, BBC
Jonathan Frewin
Producer, BBC
Meredith Garretson
Senior Producer
Erika Soderstrom
Producer
Alex Schroeder
Producer
Redmond Carolipio
Digital Producer
Ariana Rosas
Producer/Director
Jarrett Dang
Digital Producer
Jesson Duller
Media Producer