“Plaid is introducing a new product called Liabilities to help developers build applications around debt. For starters, Plaid is taking aim at a big problem in the U.S. — student loan debt . The product will expand to cover other kinds of debt over time, but the company wanted to start with student loans because of the depth of the problem. “We’re launching with student loan data given the crisis levels it has reached in the U.S., where it is the second largest debt category behind mortgage. Over 44 million people, hold $1.6 trillion in outstanding loans,” Plaid’s Kate Adamson wrote in a blog post introducing the new product.”