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GOVERNMENT SPENDS OUR MONEY...EVERYTHING GOVERNMENT DOES...COST TAXPAYERS!B.S. NOTHING IS FREE...WHY NOT FORGIVE $2500 OF EVERY CITIZENS DEBT? STUDENTS OWEING $$$ HAVE $2500 FORGIVEN!!! YOU SEE IT IS NOT GOVERNMENT MONEY...EVERYTHING GOVERNMENT DOES COST EACH INDIVIDUAL DEBT! WE ALREADY HAVE DEBT TO LOAN THESE STUDENTS MONEY FOR COLLEGE! ENOUGH IS ENOUGH.Estimates of Individual Burden:While a precise figure is not available, some estimates have suggested that student loan forgiveness could lead to an individual taxpayer burden of around $2,500. Other sources have suggested that even smaller forgiveness programs, like the Biden administration's proposal, could lead to a similar or even higher individual cost. These estimates are based on the assumption that the cost would be distributed across all taxpayers. Important Considerations:Social Equity:Student loan forgiveness could disproportionately benefit higher-income borrowers, as they are more likely to have larger loan balances. Economic Impact:Some argue that student loan forgiveness could stimulate the economy by freeing up funds for borrowers to spend, while others worry about the potential long-term economic consequences of large-scale debt relief. Moral Hazard:Some argue that forgiveness could discourage responsible borrowing and financial planning in the future. enbrittannica com yale edu brookingsinstitute com cnbc com