Comment Re:Collateralized vs Non-Collateralized Loans (Score 1) 461
This is pretty much what the Australian government does for education fee loans - they are funded through the government and paid back by the individual when they earn enough money. The individual effectively has a higher tax rate until the loan is paid off.
When I went through the scheme was called HECS. I think it's now called studyassist? It's important to change the name every 10 years or so.