This cartoon ran on Christmas day 1991. At the time, student loan defaults were a growing problem. If anything, it has become an even bigger one since then.
One solution being contemplated by the government and the Republicans concerned about student loan deadbeats was to skim 10% of the paychecks of those who didn’t pay back their loans on time. As I pointed out here, you can’t really get blood out of a stone. Unemployment was very high, especially among the young, as it is today, so 10% of zero would still be zero. One thing that I would change in this cartoon if I were going to do it today would be to make it a little bit less long-winded. I think it would be better that way.