Canada's NDP

Young people shouldn’t start out with a mountain of debt

Jagmeet and the NDP will eliminate interest on student loans right away – so young Canadians can stop worrying and start building a good life.

Across Canada, students and their families are stressed about the rising cost of tuition, and young people are being forced to take on mountains of debt to go to college or university. After their undergrad degree, the average student with debt owes $27,000. That can be nearly insurmountable for young Canadians who are just starting out. Many are working in precarious or low-paying jobs, trying to make rent, buy medications, and pay their cell phone bills. Justin Trudeau promised he’d do something about it – but instead of helping young people, the Liberals took $3 billion from them in interest payments over the last four years. Why is the government making money while young Canadians and their families struggle to pay off their education? Especially when the Liberals had no problem writing off $6 billion in loans to big corporations.

No young person should have to start out their life under a mountain of debt – and parents shouldn’t be worried that their kids will never be able to afford to own a home or start a family. Young Canadians and their families deserve leaders who will fight for them – and follow through on their promise

Our New Deal for People would immediately put a stop to interest on federal student loans – and provide relief for every student and graduate repaying a loan. That means a recent graduate with a $20,000 loan will save $5,000.

And we’ll work towards free tuition – because cost shouldn’t be a barrier to getting an education. Justin Trudeau promised he’d bring fairness to workplaces across Canada, but he’s sided with big business and betrayed workers, too.

Help us provide relief for young Canadians – add your name to support our plan.

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