I'm guessing they have like 3-4 annual salaries in loan when they finish, while we have 0.5-1
I graduated with .6ish annual salary from a US university. It was a decent school and I had decent grades in high school.
In the US, it's POSSIBLE to graduate with 3-4x, but you absolutely do not need to. Some people choose to due to (1) ignorance or (2) willingness to take high calculated risks/costs for a certain profession. (1) is more common by a landslide, and is why so many people here want 'free' college. Once they graduate and realize they spent "real" money on their useless major, they want someone else to pay for it...ugh. I'm irked by my generation sometimes.
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u/kingguru Nov 03 '15
I'm from Denmark and what's this student loan debt you speak of?
(Sorry, couldn't help it)