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Coming from Finland where all schools are free, the tuitions sound crazy to me as well. However I don't think "good loan terms" is the cause for your low tuiti

Coming from Finland where all schools are free, the tuitions sound crazy to me as well. However I don't think "good loan terms" is the cause for your low tuition prices at all. At least in other contexts, the reverse is usually true: When people have easy access to capital, prices go up. This happens for example in Finland with government rent subsidies (for people with trouble paying for a place to live in): When the subsidies go up, the rents go up as well, and apartment owners pocket more.

headmelted 10y ago
Interesting that you make the point about rent subsidies, we have those here to (but under a different name). It has a really strange effect though of putting a floor of £450/month on almost anywhere (even the nastiest dive you could think of), but the sweet spot seems to be the next 25% up to £600. The difference between a really nice, new house, and a really crappy apartment in a bad area is about £100/month, solely because of the bottom on rents provided by the subsidies. I suspect it's a really nice racket for modern day slumlords to be honest.