So the "rich" have benefited from those who took out loans for educations that are not worth the money lent, government run and or paid for like so many of the public high schools that give diplomas to functional illiterates, few public educations are anywhere as good as private, little wonder they take out loans with not enough practical value to pay back the loan, DUH

You can't possibly be serious. This bill, nothing but pandering to younger voters, will cost taxpayers $1 trillion. And since 70.9% of taxes are paid by the top 10%, please explain how "the rich" benefit from this.

Thank you for your service.

Apples and oranges.
One was allowing people to keep some of THEIR money and maybe then they can hire Johnny and he can pay his own student loans.
The other one is confiscating some more of OUR money to pay off someone else’s responsibility.
Proven fact that every time taxes have been reduced revenue to the government has gone up. Want less of something , tax it. Unfortunately, politicians of both stripes, take that as their clue to spend more money and this is another example of that.
And, “we all don’t know that”. The rich pay far more of the total taxes in this country than poor people. Never got a pay check from a poor person.
Economics 101

Ahhhh!, the internet, what else can we find that corresponds with "our" political persuasions. "Give me the facts, only the facts"

Most of us also had free health care and pension plans or other retirement. The minimum wage, even at $15/he is worth less than when you started and college is way more. It’s so unfair how we continue to put down these entitled, lazy
Kids when most work so much harder and can’t afford homes or most anything when they pay so much for health insurance, not have dental
Coverage. Child care is now $12,000 to $24,000 yearly. I think we need to reassess their lives based on todays cost of living vs what ours was.

My parents worked hard and paid for me. I worked hard, and the kids too, to pay for my 2 to go to college. No vacations during those years, drove old cars. Why should I be paying other peoples loans. Pitiful.

Really????? Are you suggesting that the IRS puts out politically biased "facts"???? Get real.

They will put out "correct" information after they hire 87,000 new Lois Lerner clones,

On a positive note…
 

Prior to my Coast Guard retirement, I ran an office in Boston. Most of the men and women working for me joined the Coast Guard and requested to work in Boston because they got free tuition at any state school there. So, they chose to serve their country by day and study at night to better themselves.
So, who got the better education…those who went through boot camp and worked by day and studied by night…or those who got handouts?

Loan forgiveness
 

So what about the PPP?
Representative Marjorie Taylor Greene (R-GA) had $183,504 in PPP loans forgiven.
Representative Vern Buchanan (R-FL) had more than $2.3 million in PPP loans forgiven.
Representative Markwayne Mullin (R-OK) had more than $1.4 million in PPP loans forgiven.
Representative Kevin Hern (R-OK) had more than $1 million in PPP loans forgiven.
Representative Mike Kelly (R-PA) had $987,237 in PPP loans forgiven.
Representative Matt Gaetz (R-FL) had $482,321 in PPP loans forgiven.

Well I am sure things were quite different then. We had not had a three year pandemic where people could not go out of their homes due to getting Covid, restaurants going out of business this no part time jobs, and now groceries, gas and rent so high people are stretched to the limit because of the ripple effect of the pandemic! It was a different time with different circumstances. Finally, wishing someone else have a hard time because we might have had a hard time is selfish!

You are correct. When I started college at a parochial school in 1972, my parents both worked, but I still qualified for Pell GRANTS that provided about $3,000 a year, and I also got about $3,000 a year in loans that I wouldn’t have to start paying back until ten months after I stopped going to school. The interest was paid by the government while I was in school, and it was only 3% after I finished. I was in school until I earned my Ph.D., and then I got a decent job and paid off my total of $12,000 in loans in full in 1983 before I paid any interest. (I worked summers and paid most of my school costs that way. The loans helped a lot, though.)

When I became a university professor in 1986, Pennsylvania taxpayers paid 56% of the costs of running the 14 campuses of the State System of Higher Education. Nearly all of the students were middle class, working class, or poor, and a huge percentage of the kids were the first ones in their families to attend college. Tuition was kept low. It was a good investment. The graduates became teachers and worked in businesses all over the state and paid taxes. For the past twenty years, though, the state has only paid about 25% of the cost of running these universities. Students and their families had to take out more loans to pay the now-doubled tuition fees. Government grants and low-interest education loans were now available only to the poorest students, so parents borrowed money from companies that charged interest right away, and at a higher rate.

This is the source of the student loan problem. Now we the people are being asked to pay after the fact to cover a small part of the cost of loans that students wouldn’t have needed or would have got at better rates when I started college because the government covered more of the costs.

I understand not wanting to pay high taxes. It’s complicated, though. Sometimes paying in advance to help Americans get good educations at state schools makes more sense than having to pay to help clean up the mess years later.

Meanwhile, Congress—both sides of the aisles—allowed scam schools without standard accreditation to prey on students, offering low-quality educations at high prices with easy access to expensive, predatory loans. These schools are the source of many of the student loan problems. They should be forced to repay what they stole from students, and the predatory lenders should be forced to cancel all interest charges.

Just to add to this thread
 

1 - As a result of this, many universities are talking students into useless degrees that do not pay enough to both live and make their student loan payments at the same time.
2 - The government guaranteed the student loans, so universities saw dollar signs and went on a hiring binge so many have more administrative staff than teachers. All on the backs of students getting loans that they knew would not be defaulted on.
3 - To maintain the gravy train, students were talked into going to college instead of a vocational or technical school where many would have thrived.

I don't like loan forgiveness, but this is not a good situation. Predatory lending to teenagers is a lot of what is going on.

Regarding the skilled trades. At a very early age I needed to work to help support my parents and siblings. I became a plumber's apprentice and after five years took a huge leap of faith and formed my own commercial plumbing business. On the side I purchased and renovated rundown homes which I then leased out. First one, then two, then four, then eight, etc. Eventually hired other tradespeople to help with the renovations. After 35+ years I now own 996 apartments and enjoy a high seven-figure annual income. All it took has a plan, a committed spouse and a lot of hard work; no college degree. College is definitely NOT for everyone.