The default would be to go to college and then immediately claim bankruptcy, sounds like a "radical" idea that would not end well

You act like claiming bankruptcy is trivial or desired for anyone when it’s my understanding that’s very much not the case

Corinthian Colleges defrauded students. That's the debt that Biden is cancelling today. Corinthian Colleges: https://en.wikipedia.org/wiki/Corinthian_Colleges

When people are defrauded financially, how should they be helped? Or should they at all?

What were the consequences for the higher-ups at Corinthian Colleges vs. the hundreds of thousands of students who were defrauded? What should those consequences be?