How Other Countries Handle Student Loans
Much has been written about how many millions of U.S. students are behind on their student debt payments. Why are other countries, whose students borrow similar amounts, not facing such problems? In Sweden, students pay debt over 25 years. In Germany, it's 20 years. In England, it's 30 years. In Australia, borrowers pay nothing until their earnings reach about $40,000. [7/11/16]