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You dont have student loans in the EU because the universities are subsidized...
by ekianjo 3y ago
You dont have student loans in the EU because the universities are subsidized...
- yorwba 3y agoThere are student loans in the EU, because subsidizing universities doesn't extend to providing free food and housing for students. E.g. student loans offered by a German state-owned bank: https://www.kfw.de/inlandsfoerderung/Privatpersonen/Studieren-Qualifizieren/F%C3%B6rderprodukte/KfW-Studienkredit-(174)/ https://www.kfw.de/inlandsfoerderung/Privatpersonen/Studiere... (Though I don't think many people need it, because most can just get a part-time job and finish in double the time, debt-free.)
- refurb 3y agoTuition is subsidized. But I don't know about you, but living expenses for 1 year are often as much or more than public college tuition in the US.