The cost of living in the UK, Germany or France is higher than in the US or Canada.They have cheap higher education and "free" healthcare though.And in the UK your student loans are deferred until u find job and monthly payments are determined by your income. Lower interest rates too.
We have something similar on student loans with IBR but it will be axed this summer.
how does that work if say you work a McDonald's? even if it's just while looking for a job?
If you are working at McDonalds on IBR your monthly payment would be 0 dollars. IF thats what your asking