In light of the dear resident's sweeping student debt cancellation announcement, I'm going to go one better.
I'M going to cancel all YOUR debt. Whether it be student debt (why stop there?) or credit, or car or home, or mob, loan shark, what-have-you. It's canceled. You now owe none of that to any of those people or organizations. Ta da!
Don't it feel good?
The point being: Shouldn't it be the lender who cancels a debt? Not some third party? (as in my example) And should other unconnected people (taxpayers) be roped in without their permission to pay the debt to the lender on the debtor's behalf?