No Tuition, but You Pay a Percentage of Your Income if You Find a Job
Australia has a system that, while different, has similar perks to this. We have a government loan system called HELP (formerly HECS).<p>Basically students can get a zero interest government loan (rises with inflation), and only need to pay it off once they make above a certain threshold ($51,957 according to the official website[1]). The payments are deducted as a percentage of your income, with the payments increasing with your wage.<p>This has a number of benefits:<p>1. Students whose degrees don't work out for them (i.e. can't find meaningful employment) aren't stuck with rising interest on their debts.<p>2. Allows poorer students to go to uni without parental support (I am currently a student and support myself entirely)<p>3. Reduces pressure on graduates to find a job just to pay off their debts. They can take their time to find a good job in their industry, rather than working lower-paying, unrelated work to pay off their loans.<p>My degree at UNSW in Australia will cost about $27k AUD (~$19k USD) and I'm unsure about the costs of others in my country. Under the HELP system, Australians are allowed a fair go at an education, and can take their future into their own hands (rather than relying on their parents).<p>[1] <a href="https://www.studyassist.gov.au/paying-back-your-loan/loan-repayment" rel="nofollow">https://www.studyassist.gov.au/paying-back-your-loan/loan-re...</a>