Naysayers argue that student loan forgiveness wouldn't be fair to people who have paid their loans off, but it's a move that would boost the economy and benefit everyone. A 2018 report concludes that universal student debt forgiveness would increase the GDP by roughly $100 billion per year and would result in the creation of up to 1.55 million jobs per year. As the Debt Collective, a union organizing around debt forgiveness, writes, "Most people are not in debt because they live beyond their means; they are in debt because they have been denied the means to live." This should not be a partisan issue.
"Forgiving student loans will help us escape the cycle of poverty," Business Insider