Source: Statistics Canada, National Students Survey, 2018

Posted by on May 25, 2022 · Leave a Comment 

Students just who due money to household members or friends, or even to a financial or credit line, in addition to repaid a top ratio of their obligations, in contrast to graduates exactly who due cash on a national-sponsored education loan

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While some distinctions was basically noticed over the about three levels of analysis, the new patterns show that points-such as for example with an inferior personal debt proportions during the graduation, a higher a position money, located in Ontario, getting section of several and no pupils, and achieving beginner obligations from a bank loan or distinctive line of borrowing, otherwise that loan off family members or family-was in fact all the regarding the seemingly shorter obligations repayment just after 36 months. Read more

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