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The loans being forgiven were issued by the department of education.

If your mortgage lender wants to forgive part of your mortgage, they can.

If the federal government directly held nearly every mortgage in the country, politicians would be tripping over themselves to promise relief every election season.

Because that only helps homeowners

Forgiving student loans only helps people with student loans.

So it seems we should do both, right?

GP said "also"; I think you're both arguing the same point.

I'm ok with that.

Academia is an integral part of the USA's power structures, so we have crafted policies to funnel money to it.

Mortgage interest is tax deductible, for one thing.

So is student loan interest

Only up to a a certain income limit. And the amount that can be deducted is capped. It doesn’t require itemizing though so that’s nice.. but as someone who itemized and makes ‘too much’ money, I’d have benefited greatly if it was treated like mortgage interest

Neither for 90% of tax payers.