I've been saying this for years. The issue isn't people who want to pay back loans. The issue is affordability, and kids are being told they must go to college if they want a good job. But the absolute lack of oversight has allowed tuition to skyrocket while wages stagnate. My father and I both graduated from the University of Houston. When he went in the mid-90s, classes were $250 each. When I went in the mid-2010s classes were near $700 each. That's an average increase of 9% a year.

For this wondering, my father got his degree in his late 30s.