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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@ISIDEWITH3yrs3Y
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).
@9F9VG3G1yr1Y
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.
@9FJVZMX1yr1Y
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.
@ISIDEWITH3yrs3Y
No
@9FFK4W41yr1Y
There is a surge on the number of secondary school recent years. And student’s number increased dramatically. But the rate of getting a job after university is really not high. Secondary school is just a business model and you do not want to encourage business model, especially when it is already very profiting
@9FF5V671yr1Y
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.
@9FPBTBD1yr1Y
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
@9FJVZMX1yr1Y
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.
@ISIDEWITH3yrs3Y
Yes, and forgive all student load debt
@9FGTMM21yr1Y
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.
@9FKJS6F1yr1Y
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.
@9F86SVZ1yr1Y
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.
@9FFK4W41yr1Y
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
@ISIDEWITH3yrs3Y
Yes, but only for low income students
@9FF5V671yr1Y
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.
@9FMR4251yr1Y
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?
@ISIDEWITH3yrs3Y
No, but reduce interest rates
@9FKJS6F1yr1Y
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.
@ISIDEWITH3yrs3Y
No, we cannot afford this
@9F8Z6XN1yr1Y
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 Democratic8mos8MO
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.
@9FDR25L1yr1Y
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.
@ISIDEWITH3yrs3Y
Yes, but only for students with excellent grades
@9FV93Z41yr1Y
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
@9FPBTBD1yr1Y
If they have excellent grades they should get good jobs that enable them to pay off their student loans
@9FDKCKS1yr1Y
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.
@9GLD7ZN1yr1Y
Those students earn scholarships and is not necessary, grades also doesn't reflect on how a person understands the subject matter.
@97BT5J52yrs2Y
Yes, but only for low income Canadian citizens
@8VWCBMV3yrs3Y
No, but remove interest rates
@9CBGNZD2yrs2Y
Yes, but only for low income students who are Canadian citizens
@B257KZL1wk1W
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.
@9ZVM53W4wks4W
No, put the ownest on the post secondary institutions, there is no reason for the ridiculously overpriced classes and required resources.
@9ZNW7W51mo1MO
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.
@9VVJGFWConservative2mos2MO
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
@9VMP4KL3mos3MO
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
@9VGGMWSConservative3mos3MO
Yes, but only for Canadian citizens and based on grades earned or agreement to work in areas where their skills are needed if applicable.
@9VBJQ4J3mos3MO
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
@9V9R5P2Conservative3mos3MO
A hard no because people will take advantage of the program and the program will cost Canadians more money.
@9V2YV4B3mos3MO
If the government has to spend money, I'd prefer it goes to this rather than things like injection centers.
@9TYSP553mos3MO
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
@9TQD73XConservative3mos3MO
forgive only up to 1000 dollars and lower the interest rates to 1-2%, however for low income students all forgive up to 25000
@9TLF4ZN3mos3MO
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
@9TK7VN23mos3MO
no stance but don't think it should cost as much as it does to create a intelligent prospering country
@9TC77NN4mos4MO
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.
@9T5KD4M4mos4MO
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.
@9SB3QPT4mos4MO
No. Keep the student grants portion of student loans for low income students and loan portions should be interest free.
@9S7ZN494mos4MO
Have mandatory military or civil service, then provide voucher for higher education. Don’t allow Canadian students to go into debt.
@9S7QPL44mos4MO
Yes, but only for students who major in something that benefits the world around them. (I.E, Engineering, Medical)
@9RZPX675mos5MO
the government should fully forgive any student loans issued before the COVID pandemic, especially to anyone who pursued a medical field
@9RVHDLL5mos5MO
Yes, but only for students with excellent grades, who will stay and work in Canada for at least 15 years
@9RTSMX55mos5MO
They should reduce some of it for a Canadian citizens only and they should look at reducing interest Rates. This cannot be a top priority right now.
@9RJ6K3V5mos5MO
No, and we should be restricting what post-secondary programs are eligible for public subsidies to ensure that they graduates are employable after they graduate.
@9RBX8C65mos5MO
Yes, but it should income tested and only be for students in certain fields who remain in Canada after school.
@9RBGQNHNew Democratic5mos5MO
It should allow up to $50,000 to be forgiven, and universities should be forced to lower tuition by 35%.
@9R72MJH5mos5MO
Yes for canadian citizens who are definitevly middle class to lower. It should be an application system where one can explain their situation. And the higher your grades the more forgiveness to inspire more excellence in our society.
@9QZCYDN5mos5MO
They should reduce interest rates and maybe give subsidies to the very highest performing students. But no elimination of debt completely because we cannot afford that
@9QQVM6K6mos6MO
I disagree-i actually think all student loan debt should be forgiven because education should be free to help people advance and contribute to society, and pursue better opportunities without this big financial burden.
@9QCDGF26mos6MO
Yes, to an extent. The government should also force universities to have a more reasonable price and not create a monopoly within Canada.
@9NYRKZY7mos7MO
the government should give up 10% of student loan debt, it should also be for medium/low income students.
@9NBHJCF7mos7MO
Yes, but only for needed professions and if the student works in that field for at least two years in Canada.
@9MX2TPB7mos7MO
Student loans should come from public funds - the current system is a gift to the (allegedly free market) banking system. Loan forgiveness should be based on need: both the economic status of the borrower and the need for productive training.
@9MKYHZ77mos7MO
Yes, but only for Canadian citizens and permanent residents and if you move to another country within 5 years of receiving the education you must pay it back
@9MJ9RZF7mos7MO
they shouldnt leave it but they shoudl make it less and make ths tudents pay a certain amount of loan debt every month so they can save soem money for themselevs too.
@9MHJ95GConservative7mos7MO
Yes but only for people with good bank records and no major police offences or minor ones involving stealing or abusing money
@9MH4YWF7mos7MO
Student loan debt should not exist, as post-secondary education should become socialized to promote the education of people from all classes.
@9MBV33J8mos8MO
I think that universitys should lower there price. This is because it prevents people who are unable to afford the cost the ability to recive a higher education.
@9LP328SNew Democratic8mos8MO
Yes, but only to students who obtain a job in their field of study and work in Canada for a minimum number of years
Unequivocally NO. Pay your damn debts like everyone else. Major in something productive that will afford you a career or job that will allow you to finance your life and pay off what you thought was worth borrowing for.
@9KYNQQ39mos9MO
Yes, but for students that go to school longer depending on the career path they want to pursue it should be more. Ex: medicine, nursing, business, law, engineering, etc. As well as careers that are in demand so people don't have to worry about getting the education for the career. Ex: education, engineering, healthcare workers, etc.
@9KYNPSH9mos9MO
Yes, but only for students who applied to get this forgiven or for low income students who were accepted into schools without scholarships
@9KQRSQ910mos10MO
I think our aim so just make post secondary education free in its entirety and paid for with a religion tax
@9KMDGPJ 10mos10MO
Canadian citizens should have free university providing they keep their grades up to the top 20% of the class each and every year of university.
@9KG9KSM10mos10MO
University should be much more affordable. Students should understand the risk of going to university and be fully responsible for paying off their debt.Loan forgiveness would only increase taxes.
@9K6M45410mos10MO
Yes, some of that money shouldn't belong to it as worthless spendings on terrorism, police forces, taxes and government agencies get in the way.
@9K58RGL10mos10MO
Yes, but only for specific areas of expertise which we are short on as a country. This would exclude dei, feminist studies, lgbtq studies and basically anything that is not a practical applied skill.
@9K4RHNC10mos10MO
yes, for students lacking financial stability and yes, for students who have proven their loan was worthy (excellent grades and ambitious performance).
@9JWJMC511mos11MO
Its not fair if other people would pay more or if too little its still money. Make universities affordable.
@9JVPMV211mos11MO
Yes, but only for low income students who will become productive citizens and contribute to the economy
@9JM8BRP11mos11MO
As long as your background is checked and you clarify your situation with the government and education system
@9JM6BQQ11mos11MO
they should forgive 10,000 in student loans for low-income students and there shouldn't be any interest rates and the students should have a 75 average or more for it to apply.
@9JC6BKV11mos11MO
College for Canadian citizens should be fully funded by the Government with good marks. I want to live somewhere where the people around me are well-educated.
@9J4JGWRConservative11mos11MO
No, but they should work to reducing tuition costs for Canadian citizens and aid people paying off their existing student debt once costs are reduced
@9J45QG612mos12MO
No but post-secondary should be "free" and if a "free" system is put in place then forgive a reasonable amount of debt otherwise forgive debts for students in certain situations
@9HZRSJ612mos12MO
Yes, if after a certain period of time has passed and the individual’s income will not permit them paying the balance in a reasonable time frame.
@9GH2KFF1yr1Y
Yes, but only for students with excellent grades. In addition, students with poor grades should have to pay a tax to pay for smarter students' education.
@9GF7LP21yr1Y
I think if students are doing what there supposed to be doing, getting good grades, etc. then yes maybe the should help those students out but I also think there are more important things we could be spending money on.
@9GDR6QQ1yr1Y
Yes, but the student would need to give back in some form (this may include working in Canada for a number of years reciprocate the money payed off)
@9GCJ9X91yr1Y
Student loans should have an extremely low interest rate because the government should consider these loans as an investment in an educated, skilled and employed population. They throw away billions of dollars on less important causes. They should also give students a one year grace period before they have to start the repayment.
@9G8CJ3R1yr1Y
to lower the cost of secondary education might be the best choice, as the debt that students can get into can cause a lifetime of debt and povery. not all kids have the money or some form of an resp. i do think that forgiving all of this would be problematic, though.
@9G6BGTF1yr1Y
No, students should be more financially aware about their debt. This should be a learning opportunity for them
@9G48HWN1yr1Y
Yes, the government should forgive up to $20,000 in student loans for Canadian Citizens and make other amounts repayable at 0% interest.
The right to further your education shouldn't be a dilemma between the ability to pay for food and housing or attend school and be indebted for many years.
@9FSXQWPConservative1yr1Y
yes for low income students but not for people who choose useless degrees that are not going to help anybody like gender study's
@9FPG8CX1yr1Y
No, but make cost of living cheaper instead.
@9FMTV4S1yr1Y
The thing with forgiving some student loans is that the students will not have to work for the money for school. The problem with this being is a simple one. Making students pay for the debt will result in life skills that money cant buy. Skills like handling money, spending, and responsibility. Forgiving 2000 dollars is also just a large sum of money that the government could be spending on actual problems. you would have to be a monkey to belive that the government should forgive 20.000 dollars of student loan debt.
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