Diplomas and Debts: The Plight of New Graduates

Graduating students across Canada are entering the real world with large amounts of student debt. The average student has around $25,000 in student loans looming over them. This increasing debt load, which is much larger than what previous generations faced, is partially caused by skyrocketing tuition costs.

Consolidated Credit Counseling Services of Canada, Inc.’s executive director, Jeffrey Schwartz, spoke with Josephine Lim of CreditCards.ca in a story about how students can budget better to limit their debt, and what to do if they are struggling to make the payments.

You can read the whole story by clicking here.

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