The Pipeline: Why One College Is Pledging to Pay Half of Its Students' Loans

Student loan debt has once again captured the national spotlight. Progressive lawmakers are pressuring President Joe Biden to implement widespread loan forgiveness. Cornell College, a roughly 1,000-student liberal arts school in Iowa, recently took a big step to address that hesitation. For 65 first-year students who enroll in the 2022-23 academic year, the college is promising to pay up to $12,000 of each of their federal student loans upon graduation.