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b'When President Biden canceled college debt last month, he left untouched the problem that created that debt: the soaring price of college.\\n\\nIn the 1980s, the list price of undergraduate education at a private four-year institution could hit $20,000 a year. At some of these schools in the last couple of years, it has topped $80,000. \\n\\nWhy has a college education become increasingly costly, and why has that become such a difficult problem to solve?\\n\\nGuest: Ron Lieber, a personal finance columnist for The New York Times and author of \\u201cThe Price You Pay for College.\\u201d'