Education Headlines

More post-secondary students rely on parents, stay home to finish school: RBC poll

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 99%

Education Education Headlines News

Education Education Latest News,Education Education Headlines

Inflation is driving more post-secondary students to stay home with their parents as they complete post-secondary school than a decade ago, a poll by RBC shows.

The survey, conducted by Ipsos online between June 29 and July 12, shows almost half of the respondents, or 47 per cent, say they will be living with their parents this school year, compared with 36 per cent in 2013.The RBC post-secondary students and financial readiness poll, which surveyed 1,000 people aged between 18 and 29, says more students are relying on their parents for financial support -- about 43 per cent, as opposed to 29 per cent 10 years ago.

Jason Storsley of the youth and young adult team at RBC says students aren't just relying on their parents for financial help but also getting the help to develop financial goals. The report says 45 per cent students expected to graduate with up to $20,000 in debt, a jump from 30 per cent in 2013. The poll cannot be assigned a margin of error because online surveys are not considered truly random samples.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in EDUCATİON

Education Education Latest News, Education Education Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

More post-secondary students rely on parents, stay home to finish school: RBC pollTORONTO — Inflation is driving more post-secondary students to stay home with their parents as they complete post-secondary school than a decade ago, a poll by RBC shows. The survey, conducted by Ipsos online between June 29 and July 12, shows almost half of the respondents, or 47 per cent, say they will be living with their parents this school year, compared with 36 per cent in 2013. The RBC post-secondary students and financial readiness poll, which surveyed 1,000 people aged between 18 and 29
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

More post-secondary students rely on parents, stay home to finish school: RBC pollTORONTO — Inflation is driving more post-secondary students to stay home with their parents as they complete post-secondary school than a decade ago, a poll by RBC shows.
Source: SooToday - 🏆 8. / 85 Read more »