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I'd agree with this, with the added problem as others have mentioned that there's an entire complex within public schooling most of those students have in their background about the necessity and glory of attending college (and not providing nearly enough of the proper tools universally enough...

Cancelling student loans or alleviating them shouldn't happen unless it is accompanied by the same compensation for those who paid for their university education or who outright worked instead of going to college. An element of selfishness in such, because I happen to belong to the former group...