Socialism bad/capitalism good is a conversation below my standards. Student debt is complicated. It's worth discussion. There are many facets that can be discussed. Loans may have enabled the price of education to increase, which may have led to more students needing to get loans for the same education. The fact that student debt is extremely difficult to erase, and almost never is by bankruptcy, may have caused lenders to give money when the risk of default was high. Liberal politicians may helped to create this problem in an effort to make college education more available. Warren's plan might not be the best approach, but the economic damage of the student debt might be greater than doing something to absolve it, so it might be worth considering in light of these factors. The argument against it above considers just one factor and would probably get Facebook some ad revenue. We don't get any ad revenue.