Debt is debt, you tried to make a profit and x% of borrowers cannot fully pay it (they might stop paying after 6 years for example, so not all is lost). The ide

Debt is debt, you tried to make a profit and x% of borrowers cannot fully pay it (they might stop paying after 6 years for example, so not all is lost). The idea is to curtail this kind of debt. In bankruptcy court they are protections, you cannot have $2 mil in the bank or a $250k salary and try to get out of paying $92k in student loans.