Canceling student loan debt seems like a nice idea. Student loans were basically a corrupt bargain between universities (who got to raise tuition with impunity), banks (who collected the interest on the loans) and the federal government (which made student loans standard operating practice, made them hard to discharge, and turned them into a guaranteed money spigot that universities and banks milked in ever-increasing amounts, for half a century or more.)

Even better would be if universities and banks offered refunds for their excessive tuition and student loan charges for the past 50 years. ;-)

More realistically, perhaps we should make student loan debt the same as all other unsecured debt, since it's paid off with the same dollars. And universities should be subject to antitrust laws.