It’s a debt crisis created by liberals, so that they can “fix it” with “free” tuition.
So, yeah, both Repubs and ‘Rats agree its a crisis.
The real crisis is that ‘Rats keep creating problems for which they have some Anti-American/Anti-Capitalist/Socialistic response to pull out of their Agenda hats.
If student loans were offered at a reasonable interest rate most would be able to pay back in full, and default rate would be pretty low. Banks would still make $$, and young adults starting out could make a go of it.
A lot of kids who shouldn’t be in college, and others who pick silly majors have accelerated acedemia’s taste for filling their dorm rooms. Not only to fund their institutions, but to fill these kids heads with silly sh!t!!!