What they need to do is convert the interest from compound to simple. Then people can pay it off and the gov makes money instead of pretending a loss.
If a person can’t make basic living expenses on 4k/month, try doing it on 750/month.
Making basic living expenses as a typical state of SC employee was life on the edge.
Used car, little apartment, living in terror of any major financial bombs, etc.
Glad I scraped the money and took some classes in computer repair. It took a few years but that foundation helped build a much better career.