May 20th, 2021
REALITY CHECK: Ottawa cashed in on the backs of students
Justin Trudeau's Liberals raked in billions in interest on student loans. How much exactly?
Since the Liberals came to power in 2015, they have pocketed $4 billion on the backs of young people.
Instead, Jagmeet Singh wants to eliminate interest on student loans for good.
In the midst of a global pandemic, what did Justin Trudeau decide to do? End the moratorium on student loan repayments, causing students more stress.
Instead, Jagmeet Singh prefers to extend the moratorium until the end of the pandemic.
Things need to change. Jagmeet has a clear plan to help students byreducing student debt by up to $20,000 per student.
Crazy idea, right? Wrong. In fact, the same PBO report concluded that this plan is feasible and affordable.
The cost? Close to $4 billion – or, exactly what the Liberals have taken from students in interest since they took office.
Canadian students deserve better.