I had a question from the audience: So you would rather the money go to the other guy? Let me explain: money will never go to the other guy. If the government takes on the debt of people who got ethnic studies degrees and are still paying their student loan in spite of their $300K plus family income, they are shifting the tax burden to people who make less money and didn't go to college and take on a student loan. There is no real debt forgiveness, instead, government accepts more debt and inflation rises, making basic necessities like food more expensive. I'm sorry to hear you don't understand financials, you probably got an ethnic studies degree.