Really enjoyed watching this video!
In the netherlands we have a system where you get money to pay partly for school when your 18 years old. And you will get this money paid for 4 years ( thats how long a study usually takes) It will depend on your family earnings how much you will get. So when your family is more on the poor side you will get money to fully pay your studies and books. And when your parents earn alot you will only get a small amount of money just to help you a little bit (and expect your parents to help you pay for the rest). And you will have a set time that you need to graduate within. I think its 10 years now but they will probably change that to 5 years in the future. And once you graduate within that time you will get the money that the government gave you for school as a gift (so you dont have to pay it back). However when you just say i give up and never finish your education you will be forced to pay back all the money that the government gave you for studying. This also motivates people to actually get a good education and actually finish it.
And once you will become unemployed you will get a set amount of money each month but in return you have to come with prove each month that you are actively looking for a new job and doing job interviews etc. This way people cant just think i will just sit around all day and receive money for free.
So i think thats a pretty good system here
However with all the government savings going on, they are trying to come up with new systems and turn those government education funds in actually loans and depending on how much you will earn in your life later they will set a specific amount that you will have to pay back. So if you get a high education to become a doctor for example they expect you to pay back your education fund fully because you will earn a lot of money with your job. However people with a lower education will maybe only have to pay 50% back or something like that.
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