The Dutch government plans to replace the current study grantsystem by
From student loans to tuition fee hikes
Abroad, similar reforms were implemented in the past with wideranging consequences. Ever since taking office in 2010, BritishPrime Minister David Cameron has been
The European Commission too has recently found a liking in theloan idea. Plans are being worked out to ready a fund worth €100million from which EU citizens can borrow money to complete aMaster education abroad. Allan Päll, leader of the European StudentUnion (ESU), criticized these plans stating that they would create”tomorrow’s indebted generation of graduates”.
“We need to admit that rising youth unemployment and anincreasing graduate debt burden might become an explosive mix,leading to greater social divisions between young and old,” Pällcommented in an opinion
Champion of student loans worldwide are the United States.There, the total amount of student loans outstanding has recentlysurpassed the $1 trillion mark. Last year,experts from the rating agency Moody’s already warned that thestudent loan market might be the next