You'd get indirect benefits from the debt unloading. Things like economic stimulus from increased spending power, likely increased home values by bringing more

You'd get indirect benefits from the debt unloading. Things like economic stimulus from increased spending power, likely increased home values by bringing more buyers (but this is good debt! /s). That last point is probably controversial depending on if you own or rent, it would be a real killer if that student debt unloading was just converted into a different kind of debt that hit a diff. proportion of the population.