@timmy we don't have student loans. public universities are extremely cheap 1 yr tenure (aprox) politecnico di Milano 3.9k Delft University 2.3k University of Amsterdam 2.5k Technical University of Munich 1.2k Politécnica de Madrid 1.5k Paris universities 0,27k University of Copenhagen 0,15k
@quinta @timmy It's misleading though. There definitely is some student debt. At least in France, there are interest-free state loans backed by the state: service-public.gouv.fr/particu…
And various banks offer student loans. They're a lot smaller than in the US because tuition is cheap (for public schools and unis). However, you still need to pay rent through student jobs, grants, family or loans.
@nsh @timmy obviously there are some students who take some loan, maybe to pay for their rent and food while staying out of home., in every european country there are some banks that provide such loans. in some cases loans are taken for some private university but is a negligible figure wrt US. those are the exception that prove the rule
@quinta @timmy Negligible is not zero. Previous poster asked how it could be zero. It's not. It's smaller than US, but definitely not zero (e.g. billions of euros for France only, 1 in 10 student has a loan) and increasing every year.
I don't see the point of boasting that it is zero to claim some kind of moral superiority over the US. Especially since many countries are moving towards higher tuitions and more student debts.
Timmy Whelan
in reply to Vee • • •quinta - Stefano Quintarelli
in reply to Timmy Whelan • • •1 yr tenure (aprox)
politecnico di Milano 3.9k
Delft University 2.3k
University of Amsterdam 2.5k
Technical University of Munich 1.2k
Politécnica de Madrid 1.5k
Paris universities 0,27k
University of Copenhagen 0,15k
Nicolas Audebert
in reply to quinta - Stefano Quintarelli • • •@quinta @timmy It's misleading though. There definitely is some student debt. At least in France, there are interest-free state loans backed by the state: service-public.gouv.fr/particu…
And various banks offer student loans. They're a lot smaller than in the US because tuition is cheap (for public schools and unis). However, you still need to pay rent through student jobs, grants, family or loans.
State-guaranteed student loan
www.service-public.gouv.frquinta - Stefano Quintarelli
in reply to Nicolas Audebert • • •but is a negligible figure wrt US.
those are the exception that prove the rule
Nicolas Audebert
in reply to quinta - Stefano Quintarelli • • •@quinta @timmy Negligible is not zero. Previous poster asked how it could be zero. It's not. It's smaller than US, but definitely not zero (e.g. billions of euros for France only, 1 in 10 student has a loan) and increasing every year.
I don't see the point of boasting that it is zero to claim some kind of moral superiority over the US. Especially since many countries are moving towards higher tuitions and more student debts.
quinta - Stefano Quintarelli
in reply to Nicolas Audebert • • •"negligible is not zero".
you must be a programmer...
ok, here are the estimated numbers you can easily find doing some search:
EU: 45-60Bn eur
US: 1.5Tn eur
so EU students have a debt that is less than 4% of their US peers
it's not a 4% difference, it's a 25x difference
and guess what? they also eat, sleep and buy books...