This kind of hyperbole is, itself, an example of "dishonest, twisted" language.
> There is no "cancelling" debt. There's only forcing other people to pay.
If I declare a banana to cost $1,000,000 but you can get it for the low price of $1 with a loan of $999,999 today and that loan gets canceled, does that mean someone else has to pay me the remaining sum?
> The incentives here are entirely backwards. All the people who made good decisions around cost-benefit of their education, all the people who made frugal choices, all the people who worked hard for the delayed gratification of their long-term planning get penalized and have to pick up the tab for the people who spent 4 years partying without any concern about cost of their education or lifestyle.
This kind of moralizing about making the right decisions stigmatizes people who couldn't make it through college for financial reasons and weren't able to find a job afterward and pay off their debt. It stigmatizes grad students who started off with good intentions but couldn't make it through the meat grinder. It stigmatizes first generation college students who had to return home after a year or two. All of these people now face student debts that can't be discharged by bankruptcy.
If we agree as a society to invest in war, but we can't invest in our people, then we will reap what we sow.