I live in Uruguay, these are personal loans, there's no concept of "student loans" here. Mostly my fault, education is free at the undergraduate level and reaso

I live in Uruguay, these are personal loans, there's no concept of "student loans" here. Mostly my fault, education is free at the undergraduate level and reasonably priced at the graduate level here (I chose to do a private university, and took the most expensive master's degree available). It sounds like a good initiative for people in the U.S. though :)