Yes, because letting them funnel their debt-servicing money back into useful parts of the economy (houses, cars, businesses, whatever!) would be a much better t

Yes, because letting them funnel their debt-servicing money back into useful parts of the economy (houses, cars, businesses, whatever!) would be a much better thing for the country as a whole than what they're doing now. This debt is a huge bottleneck on the economy; it's slowing things up for a huge part of the population, and for what? We're not better off as a people. We're not building a better country or future this way. The arguments I've seen in favor are all "they made a bad decision, they should live with it" or "I paid mine off, why should they get a free ride" or any number of variations on that sort of thing. I haven't seen a single argument that the student debt status quo is good or healthy for the country, or is getting us where we want to be as a people. Personally, I don't give a shit what stupid degree people got or how much student debt there or how hurt those who paid theirs off will feel; hurt feelings or resentment are no good basis for policy. This is a bad scene for the country and forgiving the student debt would improve things in so, so, so many ways; the trade-offs are absolutely 100% worth it.