The future student loans crisis

President Biden yesterday announced a sweeping plan to cancel up to $20,000 in student debt for Pell grant recipients, and up to $10,000 for qualifying individual borrowers. But for future students, college costs look as bad as ever. The average price of tuition for a four-year public college is more than $9,000 per year. Out-of-state residents can expect to pay more than $23,000 - and it can be double that for private institutions. Plus, what’s behind the viral trend of “quiet quitting.” And, cable TV is no longer king. Guests: Axios' Dan Primack and Erica Pandey. Credits: Axios Today is produced by Niala Boodhoo, Sara Kehaulani Goo, Alexandra Botti, Lydia McMullen-Laird, Alex Sugiura, and Ben O'Brien. Music is composed by Evan Viola. You can reach us at podcasts@axios.com. You can text questions, comments and story ideas to Niala as a text or voice memo to 202-918-4893. Go deeper: The next student loans crisis Finish Line: What Gen Z, millennials want you to know ("quiet quitting") Streaming surpasses cable as top way to consume TV Learn more about your ad choices. Visit megaphone.fm/adchoices