Unfortunely, the US private higher-education model is being exported to other countries around the world all wanting a piece of the huge profit pie that is charging extortionate fees for the privilege of a university education.

I’m unlikely to ever pay off my student debt, but in the UK we have a theoretical cut-off point after 30 years of repayments, at which point the debt is cancelled (of course, usually after having earned far more than its initial value). It remains to be seen if this cut-off will genuinely apply when the first graduates start to reach it.