More and more Americans are escaping the mounting costs of increasing college tuition by opting to attend colleges and universities abroad, and more specifically, in Europe. According to Jennifer Viemont, founder of advising service Beyond The States, there are at least 44 schools across Europe where Americans can earn a bachelor's degree for free. Most public colleges in Germany, Czech Republic, Iceland, Greece, Norway and Finland are free for residents and international students. Some private schools in the European Union don't charge tuition either. According to CNN Money, student loan debt is $1.2 trillion in the U.S. and is increasing by $2,853.88 per second. The news organization reported that 40 million Americans, a group larger than the populations of Canada, Australia and 200 other countries, have student loan debt.