Considering how much damage Covid 19 did to the U.S. economy, could cancelling student debt help improve the economy? A lot of students struggle to make payments already and with layoffs and unexpected costs of a pandemic, it has taken a huge toll on some. If people could spend less money on paying off student loans, couldn't they spend more on items like food and reinvgorate the economy? I have no background in education, business, or economics, so I'd love a perspective that could explain the nuances of the situation to me.