NDP Leader Singh vows to eliminate interest on student loans, forgive debt

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NDP Leader Jagmeet Singh is pledging financial breaks for Canadian students, vowing to do away with interest on federal student loans 'immediately and permanently' as well as forgive student debt.

SUDBURY, ONT. -- NDP Leader Jagmeet Singh is pledging financial breaks for Canadian students, vowing to do away with interest on federal student loans "immediately and permanently" as well as forgive student debt.

Singh says students have been among the Canadians hit hardest by the COVID-19 pandemic and forgiving their debt would give youth a necessary leg up.Laurentian recently had nearly 60 undergraduate programs and 11 graduate programs axed amid a restructuring plan, which Singh says "could have been avoided" with aid from the federal government under Liberal leader Justin Trudeau.

 

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Singh is no different then Justin both are trust fund children they both have no idea what it’s like to be middle class and struggling, Singh went to private schools in USA from grade 6-12 far from middle class.

Oh, that's a great platform ! What about 'my' debts, I worked all my life for a meager pension, don't live frivolously but still have debts AND interests on them. I pay my school taxes even though I don't have kids in school.

Maybe low interest but not nil and no cancelling maybe extend terms. You borrow you payback. Life lessons are important for students. JS and NDP should support value creation with business growth not handouts - successful business people are not villains. They create jobs for all

29 August 2021 6:55AM. Conjugal Trajectories about The Good Meal, The Pet, The You, at a table - people wants these things and then just let them sit on the sidewalk when they should be using a chair, like you want when you got it - everything on chairs

Should ban foreign students (many of whom are wealthy). Higher education costs money, period: - the colleges, universities, personnel cannot work for free.

How come you pretend that the PPC doesn't exist? Greens are a dying party yet you still act like they're relevant.

Liar

Nope, just trying to buy votes.

Money has to come from somewhere. Just like he promises he will reduce the phone bills. The only way is to make the economy stronger and create jobs so people can make more money to afford those bills and interests.

yytsnf So the taxpayers will foot the bill for all these students Sorry .. i already paid for my kids education .. with my own savings 🙄

Why?

I am 67 years old, retired from an aviation career as a pilot. I paid for all my training myself. Can I get an interest free loan to go to college to become an electrician. I hope so because I couldn’t afford college and joined the military instead. Nothing is free. My turn.

Unless you crack down on tuitions, anything you do to help post secondary students will be erased by the criminals that run the post secondary institutions who will just see extra money students came pay. I like NDP plans. Just don’t see them working out. cndpoli VoteLiberal

So, society is punished/pays because of bad decisions from a 19 year old. Brutal.

Singh must have great wealth. Thank you.

Fake hopes because this is NEVER gonna happen.

I'm having trouble telling the difference between Singh and Trudeau. Both are making massively expensive promises while completely ignoring Canada's huge deficits and spiraling national debt. It's all so La La Land.

That’s amazing! How theJagmeetSingh going to do that? Will it affect students getting further loans for education? Or will it affect grants that helps students or will it be completely classified as Grants for future students? cdnpoli Elxn44 Canada liberal_party NDP

Singh's promising a lot ... has anyone costed out what his promises are going to cost taxpayers?

He is another lapdog of moren Trudeau

And again he seems unaware that provinces exist.

dontletthemtellyouitcantbedone because this was federal policy when I graduated in the late '70s.

On the full loans of the federal part? Most of the students loans are provincial, so it sounds good on paper but in reality the federal part of loans is quite low.

Canada has a $3 TRILLION GDP...34 Million people avg income $52k avg rent $1200 and govts cant find money for healthcare Harper Trudeau ...but the rich hide billions offshore in tax havens. Cuts hurt Canadians cost lives

Who will that interest? Stop buying votes. Create jobs and provide takecare of deficits created by Luberal.

He cannot get rid of student debt because it falls on the provinces and would put a huge hole in the provinces. And maybe he doesn't know.. Ford already got rid of interest thru the pandemic. Many people paid off student debt thru pandemic because the interest was gone.

With all of these plans, he has to be lying about something. 😅

Free free free eh

Basic math should be a prerequisite before getting a student loan.

Ya..most students are brown faces that's why

Better build some pipelines and invest strongly in Canadian resources to pay for all this guy is promising cause hard Canadian workers can’t afford to pay more taxes .

It’s easy to make these spending promises when it’s not your money your spending. Get real!!

He can promise the moon because he knows he can't win the election.....instead he is handing power over to the Conservatives cdnpoli Elxn44 IStandWithTrudeau

I love how he promises the moon…but no concrete plans on how to fund anything. He’s a nothing burger

No, what he is proposing is to use taxpayers hard-earned money to fund more social programs.

Good. We clearly need more educated people in this country. We need to make higher education more accessible.

You're 15 yrs too late to get my vote...

Who will have to pay for it?

He’s the type of guy (clown) that makes big promises but stops short of elaborating “HOW?” 💵

Bullshit Man is going to bankrupt this country within the first month IF he was Prime Minister

Will any candidate talk about helping Canadians succeed financially. Ie. Grow or start businesses. Or is it just about giving out free stuff?

NDP is a SnowFlake’s dream

Not everyone needs to go to college . Why pay for it with tax payers money. Most that go will never use the education or finish.

Help the working class. You borrow you pay back. Simple as that

How is he paying for all this ?

Pretty soon he will promise to give everyone a free house.

Yes sink us even deeper in debt🙄

Then RRSP should be tax free too.

Does he not realize that Canada's debt is enormous, CURRENT government spending is unsustainable? This was announced recently by the Parliamentary Budget Office.

What do the fiscally responsible people get? Or those who chose not to go to school and rack up loans?

To be honest here anyone that feels their vote is best placed on the SpeNDP really needs to look at the leaders association and support of known and recognized terrorist groups and their sympathizers before marking their ballot googleityourself

Make everything FREE for everyone

We paid for our kids post secondary education and we are by no means wealthy. It’s a matter of setting priorities. Who do you think will be paying for these forgiven educational loans and waived interest. People should not expect taxpayers to foot the bill for their choices.

No thanks. I can't even understand them at the drive-thru never mind what this guy's saying

ndp Then instead of paying for my schooling I guess I should have just gotten the government to pay for me. If you're going to do this you may as well offer free post secondary

why do students deserve a break? what about the rest of us? Credit interest is robbery...what about that? mortgage interest? If you cant fix it for everybody...dont do it for a select few. Bad politics...thats where the division starts

🤦🏻‍♀️

Government created high tuition costs in the first place by guaranteeing loans

Trudeau will be making the same promises next week.

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