Obama, Biden Largely to Blame for $1.6 Trillion Student Debt Crisis: Author

U.S. President Joe Biden gives remarks before meeting with small business owners in the South Court Auditorium of the White House in Washington on April 28, 2022. Anna Moneymaker/Getty Images

As President Joe Biden considers some form of loan forgiveness for college borrowers, student loans in America have been a slow-boiling crisis for almost a decade now.

One expert critic who has been following the crisis lays much of the blame for the $1.6 trillion loan debacle at the feet of two men at the very top of the U.S. government: former President Barrack Obama and Biden.