[arista]

I suspect the Universities will have a tad to say about that....

Universities are all in favor of erasing student debt. It will allow them to jack up tuitions even more. They can tell prospective students: "Hey, don't worry that our tuition is $80k/year. Just take out a loan. You won't have to pay it back because the government will forgive the loan."

[Codeflier]

But who is going to lend the money in the future? The government directly?