Sweeping student finance 'reforms' on the cards

By Jan Petter Myklebust. Denmark’s student finance system is up for reform, with completion rates and the proportion of the total spend on education devoted to student loans the key targets.
Ministers are concerned that 85% of masters students do not complete on time and that spending on student loans – which grew to DKK17 billion (US$3 billion) in 2012 from DKK8 billion in 2001 – makes up 28% of the total investment.
While the increase is partly due to inflation and growth in student numbers, this is by far the highest proportion among OECD countries and is around three times the average proportion of the government education budget devoted to student loans and grants. Read more...