Well in looks like it will happen. Biden with a stroke of a pen can forgive $10000 per person. Sen Shumer (our distinguished senator NY) who will be the new majority leader wants 50,000. Current student debt is 1.7 trillion. I was unable to get a figure on the multiplier but I can not believe as a country we can continue to do this. Where does this money come from? If country continues to print billions it doesn't have our dollar will lose its place as the world standard and of course spur inflation. I am not an economist and would appreciate different views if I am looking at this incorrectly. We can also plan on socialized medicine, continued rent moratoriums and who knows what else. We had the Obama phones. Why not have Biden free lunch for everyone? And do not forget a third stimulus check. We live in a free country not a "free country." Goodbye to capitalism as we knew it. Added 1/14/21 As I recall when I posted this I believe that Biden can do this with a stoke of the pen unilaterally(executive order) without congress approval which would increase the probability.