The Federal Reserve Bank (the Fed) used something called Quantitative Easing to rescue the banks during the crash of 2008/2009. WikiPedia provides a convenient explanation of what Quantitative Easing is.
Quantitative easing (QE) is a monetary policy used by central banks to stimulate the economy. It is usually used when standard monetary policy has become ineffective. A central bank implements quantitative easing by buying financial assets from commercial banks and other financial institutions, thus raising the prices of those financial assets and lowering their yield, while simultaneously increasing the money supply.
This rescued the banks from having assets (loans) that were not collectible by having the government buy the loans. It did not rescue the economy because the borrowers still had debt that they could not repay hanging over them. It still depressed the real estate market, emptied out homes that were in foreclosure, made many people homeless, and kept the still paying borrowers from being able to buy anything else.
Imagine if the Fed had used the same amount of money to make the monthly payments on the mortgages for the borrowers. There would have been no foreclosures, many fewer homeless people, consumers able to buy other things, and banks still rescued, and a thriving economy full of jobs.
I believe this did not happen because the Fed lacked the imagination to do this, the politicians lacked the imagination to explain this to the public, and the public lacked the imagination to demand this of their government.
Jill Stein is proposing for student debt what the Fed should have done for mortgage debt (and could still do). The powers that be are busy trying to tell you that this is a crazy idea. My imagination isn’t powerful enough to figure out what is in it for the oligarchs to prevent this sensible policy from being implemented.
I can imagine your questions, though. I can also imagine the answers, but I want you to think about this for yourself for a while before I provide those answers.