This seems like comparing apples and oranges to me. Eliminating all student debt right now hurts far more people than it helps. It isn’t like social security where there is a benefit now and in the future. A true comparison would be if the social security system gave money only to retirees retiring during that year it was enacted. That’s why student loan forgiveness is fine, but it has to accompany something that will actually fix the overall problem. Even if it were eliminate all student loan debt and make college free for everyone, that fixes the problem. Especially since the government could then control costs as the single payer. Not saying that’s the way it should go, but simply eliminating all student loan debt does absolutely nothing to abate the problem long term.