Student Finance 101 Blogs

  • New Grads: Tuition Fee Rebates Across Canada

      UPDATED Sptember 2014...

    If you're a new Canadian grad searching for extra ways to pay off that student loan debt, check out Canada's provincial tuition rebate programs. Who couldn't use an extra $20,000 or $25,000?

    I'll list the universal programs here - the ones most grads can obtain.

    Some provinces, such as BC, only offer rebates, debt reduction or partial loan forgiveness just to small groups of people. An example recent grads working in B.C.'s civil service (the 'Pacific Leaders' program).

  • Student Debt Burnt by Fried Potatoes

    No story I've heard about student loans matches the one about the guy called 'Fried Potatoes.' You know, the direct action aficionado who erased half a billion dollars in student debt - as an art project!

    It's a much more colourful version of Occupy's debt freedom project. Remember? When they bought people's student debt at the commercial price (5 or 10% of face value) and cheaply freed some lucky Americans from their heavy student loan debts? 

  • Nova Scotia Goes Interest-Free. Will You?

     I'm glad to hear Nova Scotia will stop charging interest on provincial student debt, t least for eligible students.


    May Update: And it's about time, since youth unemployment and student debt are both above the national average. Grads are now leaving Nova Scotia. While most still remain, something must change when 1 in 5 Nova Scotia university grads earns less than $18,000 a year. (Source: May 3, 2014 Chronicle Herald, Halifax). 

  • How Long Will You Work to Pay Your Tuition?

    Finally, some good news for arts and humanities grads.

    It seems that they won't have to work as many minimum-wage hours as most other grads to pay for their degree!

    Now they've got ammunition for those online discussions about student debt. You know, the ones where the trolls blame indebted grads for taking arts and humanities. Quit whining, they yell, you just had to take engineering. 

    By the simple law of supply and demand, I'd guess that if everyone took engineering, it would soon pay a buck an hour. But that's still theoretical.

  • How to read Canada's #1 student finance guide!

    About our new guide Ka-ching! 
    For weeks now, it's been the #1 selling student finance ebook on Amazon Canada. It's also a high-ranking seller in the US.
    Despite those high rankings, we've just dropped the price by almost half. Right now, you can get it for under $8. 

  • Newfoundland Leads Again: No More Student Loans!

                                   For related story, see Nova Scotia Goes Interest-Free, Will You? 

    Replace our student loans with non-repayable grants?

    In much of Europe, that would be standard thinking. But in Canada, it has sounded like an impossible dream. Instead, student debt has piled ever-higher despite pleas from parents, students and lobby groups such as the Canadian Federation of Students.