Money coach Janet Gray on changes coming to the Canada Student Grant and student tax credits
Affected graduates unsatisfied with gov’t response
It takes a lot of creativity to finance second degrees
The government needs to allow graduates to consolidate their debts
Pearson speech from 1965 shows how much the issues facing higher education have changed and how much they’ve stayed the same
Some U.S. universities offer Canadians domestic tuition, but keep full fees for most out-of-state Americans
Debt-ridden students are still on the hook for interest six months after graduation
Ask any accountant or business analyst: the juicy material in annual reports and corporate filings is usually not what you see headlined on the first page of the document. It’s generally buried. Or hiding in plain sight. So it is with the recently released annual actuarial report on the Canada Student Loans Program. The report is built on the rather newsworthy but largely overlooked assumption that Canadian university and college enrolment will start shrinking as of next year, and go right on shrinking steadily, all the way to 2026. By the time the great contraction is done, Canadian campuses will have 18% fewer full-time students. The audit was performed by the Office of the Superintendent of Financial Institutions, or OSFI, a federal oversight agency.
Students borrowing more, taking longer to repay; average student now borrows $5,631
As long as the National Student Loan Service Centre is in a private company’s hands, don’t hope for improved service
Will exempt deployed soldiers from paying student loan interest