Pretty sure b. already exists, there are consolidation programs where you can get your monthly payment capped at a percentage of your salary. The downside is ju

Pretty sure b. already exists, there are consolidation programs where you can get your monthly payment capped at a percentage of your salary. The downside is just like with paying the minimum due on a credit card, the interest can really screw you. In some cases the amount you can afford to pay may even be less than the interest.