They wanted to permit/compel all students to get loans. When you set the bar on the floor like that, you need to handle the obvious case of people who are given

They wanted to permit/compel all students to get loans. When you set the bar on the floor like that, you need to handle the obvious case of people who are given loans that they could never pay off normally. In American tradition, it was handled with the worst possible compromise that would enrich already monied interests.