But this is exactly how UK student loans work - you only pay them off if you make more than X amount of money per year(and then the amount of money you pay off is proportional to how much you make), and if you never make that much money, then you never pay it off and after 40 years the loan is forfeit.
The same loan/tuition dynamics don't apply in the UK, because:
- The government controls undergraduate tuition fees for UK/EU students (currently capped at 9k per year).
- Until about 25 years ago, undergraduates' tuition fees and living expenses were paid by the state. These two direct subsidies have gradually been replaced by student loans. It will take some time for people's tolerance for larger and larger student loans to match that in the US.
