Over the next several weeks, many thousands of young people will be graduating from our colleges and universities burdened with sizeable student loan debts.

It shocks the students of today when I tell them tuition cost only $90 a quarter my freshman year at the University of Tennessee in 1965-66. I once heard House Minority Whip Steny Hoyer say it cost only $87 a semester when he started at the University of Maryland.