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And 85% of Swedish students graduate with debt, versus only 50% in the US. Costs of living in Sweden are high, especially in cities such as Stockholm, which regularly ranks among the world's most expensive places to live. In Sweden, young people are expected to pay for things themselves instead of sponging off their parents. She's 22 years old and lives in Stockholm, where she studies engineering and media technology at the Royal Institute of Technology.Worst of all, new Swedish graduates have the highest debt-to-income ratios of any group of students in the developed world (according to estimates of what they're expected to earn once they get out of school)--somewhere in the neighborhood of 80%. But again, this stuff isn't free for students in other European countries either. There's no tuition to pay for the five-year course of study.We both planned the engagement, I selected the ring and brought it with me, and she selected a romantic dinner for the evening and what is now our place in Quito where I proposed.
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