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The Growing Issue of Student Debt

Are you having trouble paying back your student debt? You’re not alone. A student loan is usually your first debt and a growing reason people seek debt relief solutions. It’s not hard to see why Ontario’s students are carrying so much debt, before they enter the workforce. According to the Canadian Federation of Students: •           Ontario’s undergraduate students pay an average of $7,259 in tuition fees. While graduate students pay $8,456 •           The average student debt from both public and private loans after a four year degree is $37,000 •           Tuition fees increased 71 per cent between 2005 and 2012 […]