In Sweden - the current interest rate is 1%. This is financed by the state and is low because of a multitude of factors. One being that it is practically imposs

In Sweden - the current interest rate is 1%. This is financed by the state and is low because of a multitude of factors. One being that it is practically impossible to default on the loan. It will stick around. (The tuition is free for higher education in Sweden, but you can choose to take out a loan for your living expenses during your study period).