The reason why student debt is basically unheard of in Denmark since college is free (although to make that happen, the Danish government poses high taxation towards citizens like they do in order to maintain stable social security nets like subsidised healthcare and public housing, also why they have less homelessness).
Mainly Danish, Swiss and European citizens are eligible to study without stressing over student debt upon graduation. It stems from this: Danish government is more on for the people while American government is more on caring about themselves plus nepotism on the side (MORE & HIGHER TAXES TOO ON TOP OF THAT).
America tried to make college free by guaranteeing free grant money for college. The colleges then suddenly needed to up the tuition fees setting us back to square one.
Step 1: Give everyone a free dollar to add to their lunch budget. Step 2: Lunch starts to cost $1 more.
“needed”