Makes sense, because if you go according to the Consumer Price Index, today the average would be $20,014.34.
CPI figures (which I consider to be low-balled politically) would indicate that my college loans would total $30K plus in today's dollars yet I had paid them off within 5 years of graduation. Of course, I wasn't driving a new car and "keeping up with the Jones's"!
It is (and always has been) a matter of priorities!