Obtaining a degree is essential to success. The problem is that the higher education the person wants, the higher the cost. These days, not everyone can afford to pay for college out of pocket, which means students are forced to take out large student loans to earn that degree. Student debt is an ongoing problem, with students taking on oversized debts that most, if not ALL, default and put their future credit at risk. How much debt is too much debt? Everyone should have the freedom to want to pursue an education for a better lifestyle and those whose undergraduates seek to obtain a master's degree should also feel free to attain this higher education without fear of the enormous debt that they can contract when finished. I consider this a good reason why student debt should be canceled. Analyzing all points of view, many people wonder why the government should cancel student debt. With our national debt already reaching record heights, giving money (forgiving) will only add to the bill our country already has. According to Debt to the Penny (2014), our current debt today stands at $17,858,510,713,719.34. Another big concern is the possibility of increased taxes! The government has to find a way to get the money back, right? Why people should become debt free