What happens to future student debt?

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Let's say Bernie becomes president in 2020 and forgives all student loan debt in 2020… what happens to people who decide to take out loans in 2012? Will there be fundamental changes to the student loan structure to prevent people from going into debt or will they be encouraged to attend public schools? What if people still need money for all the fees even if they went to a public school (my school's tuition was around 3k 2with an additional 10k of fees)?

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