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That seems pretty sensible to me. When the educational funding bubble pops in the U.S., I could imagine something like that taking it's place.
by thearn4 9y ago
That seems pretty sensible to me. When the educational funding bubble pops in the U.S., I could imagine something like that taking it's place.
- learc83 9y agoWe have nearly the exact same system in the US. Federal loans (90% of student loans) are paid directly by the government, and come with income based repayment plans capped at 10% of disposable income. The debt is cancelled after 20 years, so if you don't find a decent job, you'll pay very little. There is interest though.