Lifelong Learning

Forgiveness of Student Debt

The Ontario government has implemented many initiatives that have made post-secondary education more affordable and attainable for current students. However, those who have graduated with high debt as a result of these programs not being in effect during their post-secondary career are burden with significant financial burden. These graduates are now in a position to choose between paying down student debt and saving for home ownership, and with the increasing cost of home ownership, this generation is stuck in the middle of a tug of war.

 

Forgiving student debt of qualifying students enables these students who have come from low-income families to invest in the future of the province and begin to contribute to a stable Ontario.

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Idea No. 45