Student loan payments do not go to zero as your income goes to zero. You still accrue interest if you aren't making oayments. Additionally if you have any sort of cosigner, which is not uncommon, then the banks go after your family for those loans if you cannot pay. I know I have turned down risky startuo jobs because my parents credit would have been hit had I been unable to make payments
Good points -- interest still accrues, and some loans are private and you don't get access to all the pay-as-you-earn and income-based/income-driven repayment options. But for Federal loans with IDR, you absolutely can get a $0 monthly payment without any impact to your credit score, and this is not at all uncommon.
Correct, but as long as a significant portion of loans don't have that option it stands to reason that it would put a downward pressure on the number of people who felt they could start a new business
