Jagmeet Singh, leader of the NPD party, proposes forgiving up to $20,000 of student loan debt and doubling student grants, as well as giving new graduates a five-year grace period for federal loan payments. This is based on the fact that, according to studies, in recent years, numerous students have been unable to repay their academic loans.
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@ISIDEWITH4yrs4Y
Yes
The longer students are enthralled with student debt the less time they will have to think about other purchases (i.e. House, further education).
@9FJVZMX2yrs2Y
he 1.5 trillion dollar student loan crisis is completely changing the landscape of our nation, both figuratively and literally. According to a survey in Business Insider, 13% of those with student loans have put off starting a family because of their debt burden.
@9F9VG3G2yrs2Y
This means that children will not reach a better education leaving them in lower jobs an dlowering the economy or forcing companies to lower their education level requirement and instead teach the employee everything they need for the job.
@ISIDEWITH4yrs4Y
No
@9FJVZMX2yrs2Y
Cancellation would promote college affordability, access, and completion. Student debt is not an individual burden but one that strains entire families. Many borrowers take on student loans while also caring for their parents.
@9F9BG7F2yrs2Y
the government should obviously forgive atleast certain amount of money so that students from low class families can pursue further education and become successful and do something good with their life.
@9FF5V672yrs2Y
Student loan debt can be a significant source of financial stress and anxiety for borrowers. High levels of stress related to debt can negatively affect mental health and overall well-being.
Addressing student loan debt by providing relief, whether through forgiveness, income-driven repayment plans, or other measures, can alleviate this stress and improve the mental health of affected individuals.
@9FPBTBD2yrs2Y
You go to school you need to pay… there are many other jobs out there that you can get without post secondary education .. the trades for example
@ISIDEWITH4yrs4Y
Yes, and forgive all student load debt
@9FKJS6F2yrs2Y
Students helps us in our economy, as degrees are all but required in the job market now. giving them a bunch of debt to pay off would only hurt everyone.
@9F86SVZ2yrs2Y
Forgiving student debt tends to forgive the debt of already wealthy individuals who have had the opportunities to go to university. Also while these students are getting their education at high end universities they are out spending and partying with the funds as is. They should be learning how to manage their funds as needed instead of learning the government will bail them out for being careless jackasses. The future is built on structure and rules to being a just person. Included in being responsible for management of your funds with consequences of stupidity and laziness.
@9FFK4W42yrs2Y
University itself is a waste of resources. Many people don get job after secondary school education. Forgiving the loan just encourage more people to make bad decision and waste their time
@9FGTMM22yrs2Y
Student Loan debt should be paid as they also had the interest to do things that can cost them money. IF they couldn't pay it then why do it? This world doesn't run as easy as it looks like.
@ISIDEWITH4yrs4Y
Yes, but only for low income students
@9FF5V672yrs2Y
The National Center for Education Statistics (NCES) reports that among undergraduate students who completed a bachelor's degree in 2018-2019, those from the lowest income quartile had an average cumulative debt of $26,300, while those from the highest income quartile had an average debt of $16,800.
@9FMR4252yrs2Y
The very idea that any loans taken out willingly be people to advance their own personal ability to earn should be paid for by working class people by using tax dollars to do so is a misuse of funds.
There is an onus on people who take out loans for school to take into account how their education will help them going forward and to consider how they will be addressing the re-payment of this debt.
It also ignores the people who were responsible who saved and worked to pay as much on their own as they could. Is the government prepared to back-pay all those people? Or are we in the business of punishing responsible choices?
@ISIDEWITH4yrs4Y
No, but reduce interest rates
@9FKJS6F2yrs2Y
Students can not afford to pay it off themselves, if a country cant pay it how would a single person be able to pay it.
@ISIDEWITH4yrs4Y
No, we cannot afford this
@9F8Z6XN2yrs2Y
Students will become productive citizens in Canadian society, and hence will be able to pay back the debt through taxes when they are working high paying jobs in the future.
@9MF2YKBNew Democratic11mos11MO
Students will become productive citizens in Canadian society, and hence will be able to pay back the debt through taxes when they are working high paying jobs in the future.
@9FDR25L2yrs2Y
Education is a necessity for everyone, some students can't work because of their busy schedule and while focusing on their studies, the government should provide them with grants whenever needed.
If students are enthralled with student loans this will negatively affect the economy as students paychecks will be consumed by debt payments.
@ISIDEWITH4yrs4Y
Yes, but only for students with excellent grades
@B2R64FD2mos2MO
Everyone should be held responsible for the choices that they make in pursuing higher education, and debt is an individuals concern.
@9FV93Z42yrs2Y
Realistically the static s have shown that the rich famlies produce the smartest children therefore forgiving the rich and making the poor pay more.
children adopted by high-SES parents had IQs that averaged 12 points higher than the IQs of those adopted by low-SES parents
@9FPBTBD2yrs2Y
If they have excellent grades they should get good jobs that enable them to pay off their student loans
@9FDKCKS2yrs2Y
When I say excellent I mean above a 91%. It should be used as a reward for those that try to excel. Everyone has the potential. Not everyone has the will.
@97BT5J52yrs2Y
Yes, but only for low income Canadian citizens
@8VWCBMV4yrs4Y
No, but remove interest rates
@B2VK5QV2mos2MO
I don’t think it’s a good idea to waste money on useless thing and Let the people with student loans suffer
@9CBGNZD2yrs2Y
Yes, but only for low income students who are Canadian citizens
@98XMC7HLibertarian2yrs2Y
@B4N3RPF3 days3D
No, there should be 0 forgiveness. Continuing education is a choice and students are made aware of the fees prior to enrollment.
@B4MZ8ZN3 days3D
Universities should be the ones to forgive the debt, as they are the ones asking for such large sums of money in the first place. People from low income families with good grades and academic performance should be eligible for debt forgiveness from their respective university.
@B4MT8QK3 days3D
Yes, forgive all student loan debt but only for Canadian citizens, school should be free for citizens
@B4LP8N45 days5D
No, government should look to reduce the cost of education, particularly the cost of books, and learning material. Relevant educational material should not become obsolete within a year or 2 because a professor wants to include his work in a publication.
@B4KXH4L6 days6D
All student loans should be interest free after 5 years. Interest collected during that time should be invested in research funding, post secondary investments and scholarship funds.
@B4KJ9LB6 days6D
I paid for my post-secondary education. Why shouldn't the students today? Unless post-secondary education is going to become publicly funded across the board, for everyone, except maybe foreign students, then I would agree with the government funding.
@B4FDT5F 2wks2W
I don't have enough experience of student loan debt to understand the struggle properly, but since I've heard it's not fun to have student loan debt, I'm gonna say yes but not $20, 000 that feels too generous.
@B4CFP222wks2W
You made the choice to take out a student loan it is not the government responsibility to help you pay that back
@B4BJ3B82wks2W
No, and education should not be as expensive as it is. Some forgiveness is okay, perhaps slightly lower than $20K with proper documentation and screening.
@B4B6HTF2wks2W
Taxes should pay for education up to a 4 year university degree. Students excelling with excellent marks in needed fields should be granted more years of funded education.
@B47LL4R3wks3W
Yes but only for Canadian citizens meeting a certain grade standard for eligible (high skill degrees that are needed) and lower the interest rate
@B47HNGNConservative3wks3W
yes, as long as the student owing the debt is going into a job force that will greatly benefit this nation and her people
@B46VSY53wks3W
It depends on the students work ethic, in and outside of the classroom. Certain financial situations should be considered.
@B46KGNN3wks3W
Everyone should have the option for 1 trade/degree/ diploma that is fully funded. Whether that's a trade or a doctor and everything in between all Canadians should have the option to start life out with a good paying job. That would improve country's quality of life the most
@B46G43F3wks3W
No, the government should reduce the cost of post secondary education to allow lower income families to be able to afford to put their children into post secondary.
@B45YJHPNew Democratic3wks3W
Yes, for low income, 2-5 years delay for everyone so there's time to get a job and start your life without the weight of loans, drastically reduce interest for all
@B43SXTX 4wks4W
Target forgiveness for low-income borrowers or those in critical fields like healthcare, education, or social work.
Cap forgiveness based on income to avoid benefiting wealthier individuals who can afford repayment.
Reform student loan interest rates so students pay back what they borrowed, not excessive interest.
Invest in tuition reduction or expand grants to prevent future debt issues.
@B3XKVWX1mo1MO
yes, depending on the situation of the student and the reason they aren't able to pay. I think if they are a hard working student who tries their best but just unfortunatlly can not pay the fees it should be forgiven.
@B3R23Q61mo1MO
Only for Canadian citizens with good grades and reduce their interest rates for all other Canadian citizens
@B3QGP691mo1MO
Create an education system where students are not in a situation where they are indebted even before they are adults
@B3MY9V31mo1MO
if they are that deep in dept I think they should no longer be allowed to borrow money to prevent future dept.
@B3JVWRC1mo1MO
Academic integrity should be a factor, but reduce interest rates and make student loans less of a hassle.
@B3H825K2mos2MO
No. Doing this only adds more tax that people have to pay. Instead of forgiving student loans, university/college should be cheaper for students. The cost of tuition shouldn't reflect the working wage that you should be "on track to receive". It should just be the skill level of the course.
@B3F2G6X 2mos2MO
No, but schooling for essential professions lacking in enrolment should be made more affordable or incentivized.
Lower the price of schooling and add government incentives to business to hire students with education specific to their business
@B3DCMJ82mos2MO
Students who either attend class or have high grades should not have debts on graduation. Student debts should only be for those students who aren't trying in post secondary education at all.
@B3C6MPY2mos2MO
Yes, if the students would never be able to financially recover from the debts. No, if the students can pay it but no interest rates.
@B3BTB9NConservative2mos2MO
Yes, buy need to add a condition that they get good grades and stay in Canada for a reasonable length of time.
@B395RFR2mos2MO
We need to reign in our universities from abusing foreign students for increased tuitions, andcthen revisit this question.
@B389SZ52mos2MO
Yes if the person remains in the country and commits to some time contributing to Canadian workforce. Particularly in areas of great need
Yes for low income students. Also students could have their income calculated based solely on what they themselves earn, if their parent(s) or guardian(s) are not providing them with financial aid.
@B36YN722mos2MO
Yes, for low income students and if parents or guardians are not supporting you financially, that counts as low income.
@B3676582mos2MO
Only for Canadian citizens and it should be scaled based on the program (I.e arts degrees should not get as much as engineering)
@B35WYBC2mos2MO
The government should set up a system that forgives all student loan debt still outstanding after a certain period past finishing school or leaving a program.
@B35Q7K52mos2MO
Higher education for Canadian citizens should be low fee or not-for-profit, or fees reimbursed upon entry into qualified employment.
@B34WY582mos2MO
This one depends on the specific living conditions that students that have student loans currently live in.
Don't charge interest. Offer free schooling for doctors and nurses with 5 year commitment in rural and isolated communities.
No, but work towards making all university, collage, and trade education free once Canada is financially secure
@B2ZJH9G2mos2MO
no becuase it would take a huge chunk of government spending to pay everybodys student debt loan rather instead they should make school enrollment cheaper
@B2YWMKSConservative2mos2MO
Only if the government can see that the student, even with help of the parents, will never be able to pay the debt.
If the government can see though, that the student is just to lazy to go out and work they should not pay the debt because if the student wanted to they could pay the debt.
@B2MNQY73mos3MO
I believe we should do what Sweden does, their students are paid to go to school and work towards getting them a better future and help. They care about education and their students futures.
@B2MJ2M33mos3MO
Yes but only for Canadians who have excellent grades or have above average grades but low income. Everyone deserves affordable education.
@B2CVPM43mos3MO
For students who currently have student debt, provide loan forgiveness by matching what they repay. So, if they pay $100./month towards their loan, their debt is reduced by $200./month. We don't want to teach young people that they don't need to repay loans. Otherwise, we will be creating a generation of people who go bankrupt as adults. To further ease their debt burden, reduce or eliminate the interest charges.
@B293PLF3mos3MO
Yes, if the government can afford it and for Canadian citizens. Reduced interest rates for non citizens.
@B27PJGNNew Democratic4mos4MO
Yes, but only does who perform over a certain academic margin and come from a lox income background. Furthermore, an effort had to have been made to pay back the debt or just allow them to pay it back in the future with no interest.
@B257KZL4mos4MO
I think if they can pay it then the government should get them to pay but if the students literally aren't able to afford it and its ruining your life they should be allowed to refuse those ones and forget about it.
@9ZVM53W5mos5MO
No, put the ownest on the post secondary institutions, there is no reason for the ridiculously overpriced classes and required resources.
@9ZNW7W55mos5MO
Yes but only for low income/ immigrant students with over average grades as not all do well in school but in other areas of interest.
@9VVJGFWConservative6mos6MO
Adopt the model used in Norway and surrounding - all citizens pay higher taxes, but get free education and overall improve the country
I feel like students are here to receive an education. The 20K should be subsidized to the students instead of loans.
I think the government should forgive student loans and/or pay for the eduction for fields that are needed, nurses, teachers, and have them sign contract to work in a jurisdiction for a length of time
@9VMP4KL6mos6MO
yes but on a situation to situation basis and if the student has potential to pay it off in the future u can lower interest rates
@9VGGMWSConservative6mos6MO
Yes, but only for Canadian citizens and based on grades earned or agreement to work in areas where their skills are needed if applicable.
@9VBJQ4J7mos7MO
I think the Canada project should partially forgive student loan debts and give students more opportunities to pay these loans so that money comes into the treasury but at the same time students do not remain homeless
@9V9R5P2Conservative7mos7MO
A hard no because people will take advantage of the program and the program will cost Canadians more money.
@9V2YV4B7mos7MO
If the government has to spend money, I'd prefer it goes to this rather than things like injection centers.
@9TYSP557mos7MO
No I had to pay back my student loan my ex has not paid hers in 20 years they shpuld go after people like her and garnish her wages
@9TQD73XConservative7mos7MO
forgive only up to 1000 dollars and lower the interest rates to 1-2%, however for low income students all forgive up to 25000
@9TLF4ZN7mos7MO
Taxes should pay for universities, there’s no reason for universities to have that much money to spend on things that aren’t academics nor athletics
@9TK7VN27mos7MO
no stance but don't think it should cost as much as it does to create a intelligent prospering country
@9TC77NN7mos7MO
I would support forgiving student loan debt for students who are low income and/or with excellent grades, provided that those students are required to work in that province where the loans were given.
@9T5KD4M7mos7MO
The government should focus on the unnecessarily bureaucratic education system and recognise foreign degrees.They should assist in paying for secondary education and reduce institutions overall profit from student fees.
@9SB3QPT8mos8MO
No. Keep the student grants portion of student loans for low income students and loan portions should be interest free.
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