This shit is bad for society, and by extension you. Loan services and schools suck up vast wealth that… goes into rich pockets and widens the income gap. Money that could go to purchasing goods and services, or supporting businesses of any size, or buying houses, or having kids, or paying taxes that could be used on useful things like decent roads (how taxes are used specifically is outside the scope of this discussion, just an example).

Your whole world could be better through loan forgiveness, just not specific to you. Just everything around you better. Just requires a little less "got mine".