Abstract

This paper examines the relationship between student debt and college completion, particularly the proposition that increasing college completion could be a strategy to address student debt. The authors argue that the focus on completion as a student debt solution misses the ways in which debt is inhibiting students’ ability to access the benefits that college completion was intended to confer. The paper also explores how the completion agenda’s failure to reach these broader goals has occurred in large part because it has evolved within our nation’s debt-financed student aid system. The final section offers alternative solutions to deal with student debt and to restore the promise of higher education.

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