I'm fortunate enough to be completely done with student loans, and yeah, forgiveness would be a bit of a slap in the face. It's also a major issue that was forced on a lot of these people by the previous generation. Go to college or you'll be a failure, etc. I don't think the debt should be erased, that's just way too much. But I do think it would help everyone tremendously if the interest on the loans was capped, or frozen altogether.
I don't know if it would work or not, but a lot of people my age are voting for socialists and looking for handouts because of the financial position they have been put in by the lies, predatory loans, and economy they were given. Throughout the recession people were graduating with high five figure to six figure debt (from a school they were told they had to go to in order to be successful), not getting jobs in their field, looking at an upside-down housing market with very little opportunity, and the interest the student loans were gaining was higher than what they could pay down in a month. Then they get blamed for moving back in with their parents. I do think capping or freezing the interest on these loans would actually impact the voting positions of a good portion of America. jmo.