Using words from the bible, without coherent interpretation or context, is not the same as treating the bible as authoritative. Just because a few select words fit a political agenda, does not mean we must institute a theocracy, such as the Old Testament Jews had.
The author makes some major errors. First, he treats civil regulations for the forgiveness for debt, but not the significance it had for the forgiveness of sins. That is more than a civil and political matter—it is the reason Christ came to die and then rise again.
The circumstances are different. These policies for the Jews were to protect the poor and to lead them to exercise faith in the coming Messiah. But law is whole, are we also going to stone adulterers and sacrifice animals as a nation?
Forgiveness is not about a law, it is motivated by grace—not force. God Himself willingly forgave. While student loans are a crushing burden for many—freedom in the Gospel is denigrated and rejected by many. Loan forgiveness—better personal finances—is not the point of the Scriptures. Jesus did not insist on all “Mosaic laws,” since they do not all apply to the Christian. The OT civil laws do not apply today—we have earthly governments to which we submit. The ceremonial laws were fulfilled in Christ.
There is no true forgiveness or life without Christ and His sacrificial and redemptive work. “Indeed, under the law almost everything is purified with blood, and without the shedding of blood there is no forgiveness of sins” (Heb. 9:22). —ed.