“Canada’s policies regarding student loans are similar to those in the US but injected with a small dose of compassion and critical thinking. The federal government provides up to 60 percent of a student’s tuition through the Canadian Student Loan Program (CSLP), while private lenders pick up the rest of the bill. All student loan payments are suspended until a student graduates and earns at least 25,000 CAD annually.”
That’s similar to ours. You don’t pay until you’re done. We don’t have a lower income range but 25k isn’t very much money. That’s below minimum wage in Canada.
@wintermute_oregon
Why would we have to limit the number of students?
edit to add – If businesses are paying ALL education costs there’s no reasons whatsoever to limit education.
Then why isn’t anyone else in the world doing it ? Because unit isn’t cost effective.
Also it isn’t the role of a business to pay for everything you want. That would bankrupt most companies overnight.
@wintermute_oregon
There are actually 24 countries that have free college education.
https://financesonline.com/free-college-education-statistics/
They don’t offer it to everyone. I’ve already addressed that. They control the numbers by standards. Something we don’t do in America.
A good example is Sweden. Their students come out owing almost as much as the average American.
https://www.bustedcubicle.com/advocacy/student-debt#:~:text=While Swedish universities don’t,the American figure of %2437%2C400.
@wintermute_oregon
Then do what Canada does.
It’s not that hard to find a better way than what America does now.
Canada is similar to us.
https://blog.gitnux.com/student-debt-in-canada-statistics/#:~:text=As of 2021%2C the average,Canadian students face upon graduation.
28k vs 37k with a us worker may more than the Canadian and paying less in taxes. So it’s a wash
@wintermute_oregon
The first link you posted says
“Canada’s policies regarding student loans are similar to those in the US but injected with a small dose of compassion and critical thinking. The federal government provides up to 60 percent of a student’s tuition through the Canadian Student Loan Program (CSLP), while private lenders pick up the rest of the bill. All student loan payments are suspended until a student graduates and earns at least 25,000 CAD annually.”
https://www.bustedcubicle.com/advocacy/student-debt
That’s similar to ours. You don’t pay until you’re done. We don’t have a lower income range but 25k isn’t very much money. That’s below minimum wage in Canada.
@wintermute_oregon
Canada does not have a national minimum wage.
I know that because I live here.
edit to add – … and my income last year was less than $15k.