[D13Fd]

Lowering the risk of student loans drives more people to take them out, putting more money in the system. More money in the system increases the cost of schools for everyone. Assuming you are in the US, then you, I, and everyone else here is paying for this debt forgiveness via taxes.

[xracy]

Prove the causal link that lowering the risk of student loans (by forgiving student loan debt) drives more people to take them out.

You're also missing the illegal behavior on the part of the for-profit institutions. That's what we, as tax-payers, are on the hook for. And we would be on the hook for it regardless. You want to complain, complain about the for-profit institutions that defrauded these people illegally for us to have to clean up.