So if person A got a degree that they can use to get a job with $40k of debt and has worked hard to pay it off, but person B has incurred $40k to get a degree that isn't going to lead to a job, you seem to think we can just forgive the debt of B without having any impact on A. Where do you think the money to pay for that debt will come from....well people who have jobs and are working. So basically person A has to pay for their degree in something that led to employment as well as the degree person B got that didn't lead to employment.
Is that worth doing? Maybe, but don't pretend it has no impact on the people who did pay off their loans.
Is that worth doing? Maybe, but don't pretend it has no impact on the people who did pay off their loans.