I wouldn't say "pittance", but certainly the taxes on $10K may be as little as a few $100 but up to $2k-$3k. The matter of taxes is more a dose of reality for these students, who willingly took a personal loan to pay for their tuition plus their living expenses and now are asking the rest of the country to pay for their personal student loan.
The real imposition is that from a legal standpoint, if taxpayers can be forced to pay for other people's personal loan, there's a valid argument that taxpayers can be forced to pay for other types of personal loans, such as home mortgages, car loans, etc.