"Adjusted for inflation" concept is broken in this instance.

One of the reasons why inflation is so high is because college costs have skyrocketed, so citing that they have increased after taking into inflation is like circular logic.

Banks lent an unlimited amount of money to students because they knew they couldn't discharge the debt in bankruptcy, and the schools jacked up prices because they knew students had the money. College costs more than doubled in a 10 years period but the services or even the number of students enrolled didn't even get without a ballpark of doubling. They just enriched themselves off student loans.

The only way to fix this is to let student loans be dischargeable from bankruptcy again, and let banks and colleges take the fall. Right now it's another instance of us peons playing a game of "heads you win, tails i lose."