The reason why student debt is basically unheard of in Denmark since college is free (although to make that happen, the Danish government poses high taxation towards citizens like they do in order to maintain stable social security nets like subsidised healthcare and public housing, also why they have less homelessness).
Mainly Danish, Swiss and European citizens are eligible to study without stressing over student debt upon graduation. It stems from this: Danish government is more on for the people while American government is more on caring about themselves plus nepotism on the side (MORE & HIGHER TAXES TOO ON TOP OF THAT).
US is a classist society. They want to keep a large % of the population in poverty so that there’s a large base of workers to exploit. The rich are more than willing to pay for their own kids’ schools but not everyone’s. Keep in mind that over 60% of the US has a bachelors degree- twice that of Denmark/Germany. The US has more wealth in general but still, that’s a lot more schools than just the ones the rich kids go to. The reason we have so many more people going to college is that during deindustrialization, the workers were not protected. The government did nothing to help workers find new jobs or retrain. It was on the individual to figure out how to survive. People were told to go to college to attain a middle class lifestyle. Surprise, a classist society will keep you in the working class regardless of how educated you are.
you’re wrong. only 35% of adults over 25 have a bachelors degree or higher.
50% is if you include ‘some college’ which means people who went but have no degree, or have an associates or other trade school/post-secondary level education.
no idea where you are getting 60% from, unless you’re talking about certain states where most of the educated folks live.