Canadian pupil Loan Consolidation

Student Loans Bc - Canadian pupil Loan Consolidation

As recently as January 21, 2009, Ctv News reported that "Canadians who have pursued post-secondary studies now owe the federal government billion in outstanding loans, agreeing to new figures from the Canadian Federation of Students.

Student Loans Bc

The Cfs says Canada student Loan debt increases by .2 million per day and will cross the billion mark on Wednesday."

Cfs national chairperson Katherine Giroux-Bougard told Ctv that "the government must do more to help stem the growing levels of Canadian student debt." She added, "What the priority of the government should be is for real to make post-secondary study affordable," she said.

Now the scary part is that all we keep focused on is longer finance terms. Here's my easy thinking: Why doesn't the government offer companies who hire these debt-laden students, a exact tax break. As part of the hiring process, companies could assume part or all of the student debt. The companies are after all the ones who gain the most in hiring these extremely educated people. They should play a role in the debt financing as well. We used to fund apprentice programs remember or am I showing my age? Don't respond that.

It solves many issues. Instead of the government just backing loans and extending cost terms, let's replacement the debt to the companies who advantage the most, through a exact tax break. It will essentially free up government from backing loans, and free the student from a rather unrealistic debt. Now I perceive this just seems too easy, but then again, we for real seem to always make it more complicated that it has to be.

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