No there should not be any type of loan forgiveness without first fixing the issue of the insane tuition colleges are charging.
Here is the problem with colleges now, they have too many useless majors and the government guaranteeing the loans for the useless majors. I think if the government is guaranteeing student loans it should be for something that is marketable and the cost is congruent with the earning potential and ability to pay back the loan, everything else should be left to the parents to pay for or scholarships.
We have gotten it so ingrained in our society that college graduate= more valuable and more intelligent person and we have employers valuing a piece of paper over experience.
I am currently a manager in accounting and my superiors require anyone working as a general ledger accountant has to have a degree, even though we have people who have been in our accounts receivable department where I am near certain that they could be successful in that position and wouldn't have to be trained as much as I have to train new accountants with a degree from outside.
I had a buddy who worked as an engineer and he had people he worked with that had no degree at all but moved from drafter to designer to engineer and was able to do the job fine.
I get that the degree can count as experience but lets face it 90% of the accounting I learned in college is completely useless in my current position. I think that the only thing an accounting degree proves is that you have the mind for accounting, which is important since accounting is an odd discipline where I have learned a concept that is simple to me is difficult for others to understand.