[Trezoid]

I strongly disagree. In the Australian system everyone gets a higher education loan from the government(with interest locked to the inflation rate and repayment only required if and when taxable income passes a certain threshold), and yet our tuition rates are much lower than in the US.

For example, I just finished a Bachelors degree in a STEM field at a relatively middle of the road university and my total education debt comes out just short of $30k.