Why can Swedes take on so much college debt?

College in Sweden is free. But rent isn’t. And food isn’t. Neither is the beer that fuels the relatively infrequent, yet legendary, binges in which some Swedes partake.

via College in Sweden is free but students still have a ton of debt. How can that be? – Quartz.

I write often for Quartz so was a bit chagrined to find that this basic element of Swedish life – the huge level of student debt – was noteworthy.  It’s just part of life here.  The article is interesting because it also gets into why northern Europeans are willing to take on so much debt to get out of the house early, in comparison with southern Europeans.

It’s also interesting to ponder that student debt in Sweden is not considered the crushing burden it is in the US, even though it’s a lifetime thing.  Maybe it’s because the rest of the safety net makes it possible to live with the debt without fear of crashing into a dark hole.  Just a thought.

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