The "bailout" was the mass purchase of troubled assets which had underlying securities. IIRC we were paid back in full by Wall Street. So this proposal to cance

The "bailout" was the mass purchase of troubled assets which had underlying securities. IIRC we were paid back in full by Wall Street. So this proposal to cancel student debt is not a parallel. Completely federalizing existing student debt would be a more accurate parallel but would not cancel any individual's student debt.