Who has to go into debt to attend a reasonable college?

[Hunt]

Most don’t; roughly 80% of all college loans are repaid, higher than that at 4-year institutions, and even higher at the nation’s top 4-year schools, though the repayment statistics are somewhat worse at 2-year institutions and much worse at private for-profit institutions.

That compare’s pretty unfavorably to default rates on car and home loans (about 1%), and credit card debt (about 3%). That suggests that a lot of people are taking student loans that are too big, as compared to other kinds of loans.