Tag: Debt

Generation Screwed debt clock tours Ontario universities

Written on . Posted in News.

Students walking past the corner of University Ave. and Union St. on Tuesday morning were faced with some daunting numbers, and a grim perspective on our generation’s financial future. Generation Screwed (GS) is the largest non-partisan student movement in Canada, according to Craig Draeger, Queen’s...

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Youth not at fault for lack of fortune

Written on . Posted in Editorials.

Let’s not blame apathy or cultural traditions for young adults’ costs to their parents. A recent survey conducted by CIBC found that two-thirds of Canadian parents are feeling the financial burden of supporting their young adult children. Almost half of the polled parents said that they spend up to...

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Student debt a lesser burden, says educations strategist

Written on . Posted in News.

According to research from the Higher Education Strategy Associates, the weight of student debt may be lighter than previously thought. Factors such as a graduate’s income, interest rates and tax rates have faced many changes in the past two decades. These changes have eased the burden of student...

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Ontario student debt higher than ever

Written on . Posted in In Focus.

Students who graduate from Queen’s might be more successful at paying off their loans than students at other Ontario universities. For Ontario Student Assistance Program (OSAP), students have approximately six months after graduation until their debt repayment bills are sent. Though only around 30...

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