"Most Corinthian students cover their tuition by taking out federal and private loans. That debt, it turns out, is far more resilient than Corinthian itself."

"Most Corinthian students cover their tuition by taking out federal and private loans. That debt, it turns out, is far more resilient than Corinthian itself." This here is the problem. If Corinthian can get out from paying its debts, why can't the students?