This is how it works in Australia and it works very well IMO. It also indexes with inflation so that there isn't a major stress if you graduate with a low payi

This is how it works in Australia and it works very well IMO. It also indexes with inflation so that there isn't a major stress if you graduate with a low paying job and work your way up to a higher salary. This does mean its everyone's lowest priority to pay off, but you can't reasonably avoid paying it other than not making an income.