I'm extremely skeptical of politicians. I give it a high probability chance of being forgiven, although I agree it's not a 100%. If it isn't, it will be inflated away through dollar devaluation and inflation. So, why would someone pay for their school and go to Lambda or have a high probability of school debt being forgiven going the traditional route? This isn't rocket science here. And your comment is quite insulting to assume that a commenter on HN would just 'believe' politicians or that I would want college debt forgiveness. I'm a libertarian. I don't want any bailouts, but I understand human nature and incentives so I know the bailout of college debt is coming.