I think student loan debt is uniquely American. College is free or low-cost in other advanced economies i.e. Germany and France. The same is true for China, despite fierce competition for coveted STEM admissions. Many of the Gulf Arab states fund their citizens' higher education abroad. In regard to Americans, I see both college degrees and degrees of college debt.
A comment on "How the American millennial is overcoming debt, the dollar, and the economy they were handed" (H. Hoffower).
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