Here its based on income, if you don't make enough to pay off the debt you don't have to pay it back.
And when you do its taken as a small percentage of your earning.
We tried a US style system for a very breif period but it did not work.
Sucks to all those that got the US style loans, the generation before having paid nothing and the generation after having the aformentioned fair system.
Our federal government has caused the problem that currently exists: 35 years ago you could pay for your college education with the proceeds from a minimum wage job.
THEN, came the mantra that EVERYBODY should be able to go to college.... Which meant tons of easy money flooding the system, and college prices rose at 2-3x the rate of inflation ever since. Now, a typical college degree at a 4 year school exceeds the price of a home, and kids graduate with useless degrees and huge debt. Thank you dumbass liberals