Works out to about $72,000 per borrower.
I only favor cancelling student debt for engineers.
Never, ever for any government employee.
Engineers are gainfully employed and pay their loans.
It's insane to redistribute my taxpayer money to government hand-picked groups (such as "engineers"). I can give you a million different reasons why that's the case but here's just one: Say that engineer who gets your "free" $72K government check already has a net worth that's 10 times mine, in part because I fully paid off my student loans. Why is our government taking my taxpayer money and redistributing it to some engineer who's already worth 10X more than me? There are so many other obvious reasons it's obviously the wrong thing to do -- which is exactly why the Democrat pResident Biden's handlers are doing it. Nothing Democrats do ever makes any sense at all, so I'm surprised you think it's a good idea to hand out free government checks to anyone with an "engineering" degree. Once you start hand-picking select groups to get free government handouts it never ever ends ... SEE Biden Administration's $127,000,000,000.00 (so far) in free government checks to pay off student loans. It's not ending ... another $9,000,000,000.00 today ... and it will never end.
No free government handouts of my taxpayer money ... not even for "engineers."