Does America hate millennials?
The problems with student loans that are crippling a generation of young Americans may be well-documented. But when it comes to solutions, the conversation has been strikingly narrow, failing to explore the superior systems of other nations – and whether we view education in entirely the wrong way here in America.
In Britain, students don’t begin paying off their loans until they find stable employment, and the cost is in proportion to their earnings. Australia similarly ties the cost of paying off the loan to the income of the graduate. In Denmark, education is considered a rightby the people and an investment by the government, and is therefore free. Some students are even offered a stipend by the government to defray costs. Norway has a similar system of higher education, and in Sweden, students pay only a small fee.