. >> reporter: we met serafina galante on the campus of san diego state. is it fun to be back? >> yeah, i like this. >> reporter: she got her master's degree in her late 50s here. 19 years later she still owes almost $40,000 in student loans. more than 3 million people over 60 have student debt. some went back to school late. others paid for kids and grandkids. >> i was very confident that i would pay it back in, you know, due time. >> reporter: what's not working? >> we grow older and then we get more senior. that's reality of life. >> how is your well-being? how is your -- how are you doing? >> reporter: galante works as a family counselor. she has to work. the hole she's in keeps getting deeper. she showed us what went wrong. >> so there's the payment amount, the applied to principal -- >> which is zero. look at, that zero, zero, zero, zero, zero, zero, zero. it's almost all interest. >> right. >> raise the left hand. >> reporter: galante had to pause making payments four times for various life problems. but the bigger issue? she glder. e -time. her monthly payment, $176, is