Honestly,
Education expense should be tax deductible. Not forgiven. You should be able to deduct payments up to 25K per year.
That gives an incentive for people to have jobs, make payments, and allows young people to start a family. It’s not loan forgiveness, but it certainly respects that it’s a business expense and using it like depreciating an item.
That’s what I think would be best.
I think that’s a good idea.
Also restrict the program to degrees\training which have a higher rate of return in taxes - in short no hobby degrees!