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
@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.
The longer students are enthralled with student debt the less time they will have to think about other purchases (i.e. House, further education).
@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
@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.
@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.
@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 Democratic10mos10MO
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
@B2R64FD1mo1MO
Everyone should be held responsible for the choices that they make in pursuing higher education, and debt is an individuals concern.
@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.
@97BT5J52yrs2Y
Yes, but only for low income Canadian citizens
@8VWCBMV3yrs3Y
No, but remove interest rates
@B2VK5QV1mo1MO
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
@B3JVWRC6 days6D
Academic integrity should be a factor, but reduce interest rates and make student loans less of a hassle.
@B3H825K1wk1W
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 2wks2W
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
@B3DCMJ82wks2W
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.
@B3C6MPY2wks2W
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.
@B3BTB9NConservative2wks2W
Yes, buy need to add a condition that they get good grades and stay in Canada for a reasonable length of time.
@B395RFR2wks2W
We need to reign in our universities from abusing foreign students for increased tuitions, andcthen revisit this question.
@B389SZ52wks2W
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.
@B36YN722wks2W
Yes, for low income students and if parents or guardians are not supporting you financially, that counts as low income.
@B3676583wks3W
Only for Canadian citizens and it should be scaled based on the program (I.e arts degrees should not get as much as engineering)
@B35WYBC3wks3W
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.
@B35Q7K53wks3W
Higher education for Canadian citizens should be low fee or not-for-profit, or fees reimbursed upon entry into qualified employment.
@B34WY583wks3W
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
@B2ZJH9G4wks4W
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
@B2YWMKSConservative4wks4W
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.
@B2MNQY71mo1MO
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.
@B2MJ2M31mo1MO
Yes but only for Canadians who have excellent grades or have above average grades but low income. Everyone deserves affordable education.
@B2CVPM42mos2MO
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.
@B293PLF2mos2MO
Yes, if the government can afford it and for Canadian citizens. Reduced interest rates for non citizens.
@B27PJGNNew Democratic2mos2MO
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.
@B257KZL3mos3MO
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.
@9ZVM53W3mos3MO
No, put the ownest on the post secondary institutions, there is no reason for the ridiculously overpriced classes and required resources.
@9ZNW7W54mos4MO
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.
@9VVJGFWConservative5mos5MO
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
@9VMP4KL5mos5MO
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
@9VGGMWSConservative5mos5MO
Yes, but only for Canadian citizens and based on grades earned or agreement to work in areas where their skills are needed if applicable.
@9VBJQ4J5mos5MO
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
@9V9R5P2Conservative5mos5MO
A hard no because people will take advantage of the program and the program will cost Canadians more money.
@9V2YV4B6mos6MO
If the government has to spend money, I'd prefer it goes to this rather than things like injection centers.
@9TYSP556mos6MO
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
@9TQD73XConservative6mos6MO
forgive only up to 1000 dollars and lower the interest rates to 1-2%, however for low income students all forgive up to 25000
@9TLF4ZN6mos6MO
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
@9TK7VN26mos6MO
no stance but don't think it should cost as much as it does to create a intelligent prospering country
@9TC77NN6mos6MO
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.
@9T5KD4M6mos6MO
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.
@9SB3QPT7mos7MO
No. Keep the student grants portion of student loans for low income students and loan portions should be interest free.
@9S7ZN497mos7MO
Have mandatory military or civil service, then provide voucher for higher education. Don’t allow Canadian students to go into debt.
@9S7QPL47mos7MO
Yes, but only for students who major in something that benefits the world around them. (I.E, Engineering, Medical)
@9RZPX677mos7MO
the government should fully forgive any student loans issued before the COVID pandemic, especially to anyone who pursued a medical field
@9RVHDLL7mos7MO
Yes, but only for students with excellent grades, who will stay and work in Canada for at least 15 years
@9RTSMX57mos7MO
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.
@9RJ6K3V8mos8MO
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.
@9RBX8C68mos8MO
Yes, but it should income tested and only be for students in certain fields who remain in Canada after school.
@9RBGQNHNew Democratic8mos8MO
It should allow up to $50,000 to be forgiven, and universities should be forced to lower tuition by 35%.
@9R72MJH8mos8MO
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.
@9QZCYDN8mos8MO
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
@9QQVM6K8mos8MO
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.
@9QCDGF28mos8MO
Yes, to an extent. The government should also force universities to have a more reasonable price and not create a monopoly within Canada.
@9NYRKZY9mos9MO
the government should give up 10% of student loan debt, it should also be for medium/low income students.
@9NBHJCF9mos9MO
Yes, but only for needed professions and if the student works in that field for at least two years in Canada.
@9MX2TPB10mos10MO
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.
@9MKYHZ710mos10MO
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
@9MJ9RZF10mos10MO
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.
@9MHJ95GConservative10mos10MO
Yes but only for people with good bank records and no major police offences or minor ones involving stealing or abusing money
@9MH4YWF10mos10MO
Student loan debt should not exist, as post-secondary education should become socialized to promote the education of people from all classes.
@9MBV33J10mos10MO
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 Democratic11mos11MO
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.
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