Those people would be paying for that blessing though, either through taxes or inflation. You don't understand how that might piss off someone who couldn't afford to go college or borrowed/paid back their loans responsibly?

Obviously the higher education system sucks and needs an overhaul. But the median balance is only around $20k. With 3+ years of no interest that should be more than manageable for most, if they actually prioritized it. Now I do support relief for those that fucked up royally and are drowning in 200k of loans for an art degree and a 40k income. They need a way out while our idiot government fixes this mess. But it should be based on DTI ratio- if you owe 30k and are an engineer making 90k, suck it up buttercup. We have a severe personal accountability crisis in this culture and this would exacerbate it even further.

College educated workers make more as a whole so you're basically asking poorer people to pay off a loan they didn't sign for so that someone else can have a higher income on the cheap.

I'm against blanket forgiveness because it would be a continuation of poorly thought out policies that got us here in the first place.

If the problem is fixed for future students first I’ll consider changing my stance. For now it appears to be nothing more than a carrot for political leverage.