It’s true that they are creating new money but only temporarily. Forgiving a loan is truly creating money (permanently). Not saying it’s bad to forgive the loan

It’s true that they are creating new money but only temporarily. Forgiving a loan is truly creating money (permanently). Not saying it’s bad to forgive the loans but there is clearly a difference. My stance on it (although I am not a US citizen) is that without adding some law that restricts prices for college tuition this actions will do nothing good and only helps to perpetuate a system that moves the money from a younger generation to the pockets of a select few.