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What are these European student debts you speak of, outside of the UK (which emphatically does not want to be considered part of Europe)?
by hobo_mark 4mo ago
What are these European student debts you speak of, outside of the UK (which emphatically does not want to be considered part of Europe)?
- niemandhier 4mo agoIn Germany the government pays your university time. You get about 800€ per month for housing and basic needs. At least if your family is not too well off. 50% of this have to be paid back, free of interest and capped at 10k€. That is not much, but keep in mind that we earn much less than Americans and have much higher taxes.
- magicalhippo 4mo agoSimilar in Norway. Except you have to pass exams to get part of it written off, if not you have to pay back 100%.
- em-bee 4mo agobut this is support for living expenses, not tuition. if you are frugal you can get by not spending all of it. that's what i did. when it was time to pay, i was able to pay off all of it at once which afforded me another discount.