Re:Share of U.S. workers holding multiple jobs is rising
by rayiner on Friday February 19, 2021 @04:49AM
(#26191293)
> The loan is taken from a government agency, that means non-profit. The current interests rate for student debt in Sweden is 0.05%. This is surely a major difference from the US?
Interest rates in the US are higher, but unlike Sweden your repayment is based on income. If you make less money, your monthly payment will be much less, and the debt will be forgiven after 20 years.
You guys are missing the point; social mobility for all. Also, if so called low-skilled jobs still provides a comfortable living in Scandinavia, it will obviously skew those numbers.
> And it's not like college is actually free in Scandinavia. You still have the opportunity cost and cost of living.
Yes, you can choose to remote or on-site education. There's also a cultural thing where young adults are encouraged to move out from their parents sooner rather than later.
The loan is taken from a government agency, that means non-profit. The current interests rate for student debt in Sweden is 0.05%. This is surely a major difference from the US?
> but most people making minimum wage are young and will not get sick
This seem very optimistic, bordering cynical. I wonder how long the Uber waiting times would be if there's only healthy young people driving (and some even like to assume that it's only part timers at that).