A new way to stimulate the economy?

A movement is now forming to create a new way to stimulate the economy by forgiving student loan debt. This resonates with me in a big way, since I owe my soul to my current employer, who just happens to be the university I spent $65,000 on. I tried starting my own little student loan reimbursement drive, to no avail. Unlike my attempt, though, I think this new group has a large enough following to make a difference. So far, more than 230,000 people have joined their FaceBook group, and it's starting to get some media play.

Forgiving student loans only makes sense. After all, a 19th and early 20th century worker got educated through the cooperative building and staffing of schools we now consider to be primary and secondary. Universities were only for the elite--the leaders of men and nations. Enter WWII and the GI Bill. Now everybody who's anybody can go to college, and they did. Universities turned into trade schools, and now a living wage is nigh on impossible in many industries without a college degree. So, in the 21st century, why shouldn't that debt load be shared like k-12? By forgiving student loans, a whole class of educated, hard-working people will have a tremendous burden lifted from their credit ratings and monthly cash flow. That's certainly got to stimulate the economy. After all, I majored in Economics for a few semesters :-)