Looks to me like some folks signed up, said whatever, and assumed that if they couldn't meet the entire obligation, they would just be let out of it. It's the American way. And they don't know any better, their parents, if still alive, are probably in more debt than they are. Same with their teachers. People sure don't understand the nature of a debt anymore, the people in this article clearly show that people believe you make payments until you can't make them anymore, then when you can't, you'll be bailed out. Now, where did they ever get such an idea?