Student loan forgiveness isn’t a big topic of discussion in Canada right now but it certainly is in the United States.
The term “student debt crisis” is used a lot when talking about student debt in the United States. Considering Americans hold more than $1.5 trillion in student debt…well, it feels appropriate.
But student loan debt is not just an American problem.
As one of the hundreds of thousands of Canadian borrowers contributing to that total, I wish I could say that surprises me, but it doesn’t.
It does, however, strengthen my belief that student loan forgiveness is a great idea.
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