> It is debt that is being forgiven. The money had to come from somewhere. At the very worst case it's dilutive printing that is an invisible taxation (via inf

> It is debt that is being forgiven. The money had to come from somewhere. At the very worst case it's dilutive printing that is an invisible taxation (via inflation). Keep in mind the hierarchy of the federal reserve, which is split into banks, which have at least some percent of private ownership. While the government can "forgive" the student debt, it must keep the debt owed to the federal reserve on it's balance sheets (deficits and debts). The Federal Reserve (afaik) is not forgiving that debt. Therefore some where, someday, someone is going to have to pay off the that government debt (and along the way the interest accruing)