Canadians who graduated in 2020 owed an average of $24,000 in government student loans. If you owed this amount and wanted to be debt-free in five years, you would need to repay $470+ each month—assuming you were lucky enough to avoid interest. Owing tens of thousands of dollars is no joke. This guide introduces everything I wish I knew before I accepted the responsibility of student debt. To make smart choices, you need to understand how the student loan system works, how it varies by province and territory, and what your options are for repayment. This guide also covers what international students should know, and…
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