Tag: Student Debt

Victory

Morning everyone.  Ready for another term of being trampled by a goddamn virus?  Me neither.  Still.  Onwards. Towards the middle of December, the Prime Minster’s Office released mandate letters for all cabinet ministers.  Yes, a mere three months after voting day, a meager 18 weeks after Parliament was dissolved for an incredibly urgent election, “the most consequential election of our lives”, the Prime Minster finally figured out what it was that he wanted his cabinet to do.   Better late than

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Inter-provincial Differences in Borrowing and Debt

I recently published some time series data on student debt in Canada, to wit: Figure 1: Average Student Debt at Graduation, Various Sources in constant $2021, Canada, 1982-2021 *indicates data from the Canada University Consortium; otherwise data is from the National Graduates’ Survey As is often the case, national figures obscure provincial differences. So today I wanted to put some data out there to provide those nuanced regional figures. Let’s start with the issue of annual borrowing.  In Figures 2

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20 Years of Data on Canadian Undergraduate Students – Part 1

Co-authored with Tiffany MacLennan Last week, I examined undergraduate student debt using data from the triennial survey of graduating students undertaken by the Canadian University Survey Consortium (CUSC).  Today and tomorrow, along with Tiffany MacLennan (one of HESA’s many rockstar analysts), I am going to put that same data source to use to look at other aspects of university financing. So, just to remind everyone: CUSC is a 20-something year-old coalition of the willing, which is roughly 30-odd institutions who

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Student Debt Update 2021

Back in early July, the Canadian Undergraduate Survey Consortium (CUSC) released its triennial survey of graduating students.  As always, one of the most interesting things in there is the data on student debt, because it is one of the few good, up-to-date national snapshots that we have of the issue.  There are some limitations to the snapshot.  It doesn’t report out on a provincial basis, only a national one.  It doesn’t really include Quebec.  The sample in the survey is

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That NDP Student Debt Forgiveness Promise

Today, I want to look at Jagmeet Singh’s recent promise that an NDP government would forgive up to $20,000 in federal student debt.  It was a fascinating little announcement, which is part-super-savvy and part deeply-perplexing. The announcement itself, which you can read in the NDP press release here,  says that an NDP government would i) eliminate interest on student loans because interest = profit, ii) bring in a 5-year waiting period before student loans became repayable and iii) forgive the first $20,000

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