Over the past few decades, student loan debt has been rising at an alarming rate. Today, the average college student has $25,000 in student loan debt. Since the 1980s, tuition at four-year colleges has skyrocketed, while Pell Grant relief from the federal government remains stagnant. It is rare that student debt borrowers graduate college with the ability to pay off that debt, and as many as one third of student borrowers fail to even graduate due to the financial burden of college tuition. On August 24th, President Biden followed through on his 2020 campaign promise to release a comprehensive plan to relieve student loan borrowers of some or all of their debt. The plan will strengthen and support the middle class.