From The Atlantic; "This is the key. While Swedish students end up with relatively high levels of debt, the monthly costs of carrying that debt are pretty cheap. (It's about 3.8% of estimated average monthly income of new graduates, according to one study.) Interest rates are low. They're set by the government and maintained through subsidies. And the length of repayment is long: 25 years or until the student turns 60. In other words, the Swedish system of student debt is financially manageable and sets students up to begin their lives as viable adults separate from their parents.
Compare that to the US system, where high levels of debt are increasingly impeding young people from taking on the trappings of adulthood . A recent study by the Federal Reserve Bank of New York found those with student debt retreating from purchases of cars and homes , for example.'