How student loans keep some people trapped in debt | CBC News

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Some 1.9 million Canadians owed the federal government a total of $23.5 billion in student loans as of July 2022 — a number that only balloons further when including provincial loans and private debt.

"That's when the interest starts taking over," Bonne said.

Bonne isn't sure what area of medicine he wants to pursue yet. But he wants to serve immigrants and other marginalized groups in Quebec, recalling a time after his family first came to Canada in 2009 when his sister got sick and they"That's a problem many immigrants face today. I don't even have a family doctor; I'm still on a waitlist," he said, darkly noting that he might be a family physician before he has one himself.

"That debt that you graduate with sticks around," she said. "It ends up with you postponing the choices that you can make, whether or not you can buy that house, whether or not you can buy a car, whether or not you can start a family.""I don't have any financial goals. I can't," said Black, who teaches American Sign Language at Carleton University in Ottawa.

 

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