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But who is being forgiven?
"If $180,000 is being forgiven, then you're looking at paying taxes on $300,000 in total income in one year.
And here's a tight deadline: up to $2,500 in loans is being forgiven for students whose active duty in the military falls between Sept. 11, 2001, and June 30 , 2004
Similar(57)
What he couldn't tell me is why my debt was being forgiven.
When I asked why she thought I was being forgiven, she replied: "You're lucky, is what I think!
She added: "It's strange that we are being forgiven for a crime we didn't commit, and I keep thinking about my Russian friends.
"He told me that Mr. Kozlowski had told him that certain loans were being forgiven by the board," said Mr. Foley, who left Tyco earlier this year.
What's more, the reports said the losses he claimed were large enough to virtually cancel out any taxes he might owe on the millions of dollars of debt that was being forgiven by his creditors.
In contrast, the loans that are being forgiven are essentially hidden grants: it is unclear who will most benefit from them.
"Pardoning gay men convicted under homophobic laws makes it seem as though they're being forgiven for things they did wrong," writer and activist Owen Jones told VICE News.
And he leaves the barbershop with a sense that he's been forgiven.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com