In addition to wiping out a lot of existing student debt, President Joe Biden has changed how loans will (or won’t) be paid back going forward. Unfortunately, his changes don’t address the underlying cause of big, unlikely-to-ever-get-repaid student debt balances: the high cost of college, particularly at scammy schools.

In fact, absent some additional safeguards, these changes might encourage more borrowing and higher tuition.

Read the full opinion at washingtonpost.com.