Seriously. The first time I heard about this concept was when I was well in my 20's about a guy in the UK.
It boggles my mind why anyone would think it's a good idea to put people that early in their lives in debt.
The alternative is having the rest of the population pay for your education. Even the ones with a low wage and no or low education. That doesn't seem fair to them.
Oh? Corporations are a thing. An educated workforce is valuable to corporations. The corporation taxes can be increased to reflect the cost of creating that educated workforce.
Lets stop talking about taking people and go after corporations where the real money is. (Esp since the wealthy hide their money in corporate tax structures)
Corporations aren't a thing. They're a legal construct. They're owned by shareholders, who are mostly institutional investors ... pension funds, 401k, etc ... everyday people. So you will be taxing everyone. The same people who already pay income taxes on their earnings. And that's assuming they don't just pass the additional cost down via increased prices on whatever it is they produce.
If you want to tax the wealthy, this is not the way to do it.
This is extremely spurious, especially given that there's a significant fraction of the student population studying things that are fundamentally not terribly useful from a money point of view (think about philosophy and any of the cultural studies).
> The alternative is having the rest of the population pay for your education
The Netherlands does this, and you can easily tell by viewing the discrepancy between yearly costs for someone from outside the EU versus someone from inside the EU. You'll figure out that the money comes from somewhere, and that somewhere is the government.
The ones with low wages don't pay a lot of taxes
It's also not "free" for everybody. How much you pay also depends on situation your household is in (mostly a combination from total income and how many kids you have). It's possible that you have to pay nothing, or in worst case something like €5000/year for university, but then you're in situation where you can easily afford it (healthy upper/mid class double income and only one kid).