As resumption of educational debt repayment looms, more than 7 in 10 borrowers say they are taking on extra work, while half say they don't know whether they'll be able to make payments come October.
That’s similar to ours. You don’t pay until you’re done. We don’t have a lower income range but 25k isn’t very much money. That’s below minimum wage in Canada.
College should be affordable and available. It used to be college kids word during the summer to pay their expenses during the college year. I don’t think that is feasible nowadays.
I also think we need more trade schools. Not everyone needs a degree. We need plumbers, electricians, etc as well.
That’s similar to ours. You don’t pay until you’re done. We don’t have a lower income range but 25k isn’t very much money. That’s below minimum wage in Canada.
@wintermute_oregon
Canada does not have a national minimum wage.
I know that because I live here.
edit to add – … and my income last year was less than $15k.
You have a minimum wage per province, correct?
https://www.nerdwallet.com/ca/personal-finance/canada-minmimum-wage-explained#:~:text=Here’s a look at current provincial and territorial,by April 2024). 8 Nunavut%3A %2416.00. More items
College should be affordable and available. It used to be college kids word during the summer to pay their expenses during the college year. I don’t think that is feasible nowadays.
I also think we need more trade schools. Not everyone needs a degree. We need plumbers, electricians, etc as well.
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