Sadly, it’s not just the US. A whole generation of students here in The Netherlands were made to take loans. They did change it back, but it was in place for 7/8 years. And, as a cherry on top, there was no interest initially. Then a small (~0.5%) interest was added, and now a few days ago they announced that the interest would be five-folded. It sounds too American to be happening here, but sadly it is the truth.