Student loans: (non) repayment strategies
Broadcast Date: Oct. 1, 1994
Since its inception in 1964, the Canada Student Loan Program has lent billions to students across the country. But as of 1994, almost $1 billion of that hasn't been paid back. Many students struggle to pay back their sometimes massive debts, but others find an easier way: just ignore it. In this report, CBC-TV profiles several students who owe their degrees to government and taxpayer-funded loans, and how the students are paying them back. Or not.Student loans: (non) repayment strategies
• The Canada Student Loan program was created in 1964 under the administration of Lester B. Pearson. Since its beginning, Canadian students have received over $15 billion in loans.• The student loans program was one of many landmark pieces of legislation Pearson enacted while in office, despite ruling with a minority government. Others included the Canada Pension Plan, universal health care and the adoption of the new national flag.
Student loans: (non) repayment strategies
Medium: Television
Program: Prime Time News
Broadcast Date: Oct. 1, 1994
Guest(s): Kevin Campbell, Peggy Copeley, Jerry Godzo, James LeForte, Joel Livergant
Host: Pamela Wallin
Reporter: Matt McClure
Duration: 6:37
Last updated:
Jan. 30, 2009
Television
7:57
As a worldwide economic crisis grows in 2008, CBC-TV explores why Canadians still lose control of their own finances.
Student loans: (non) repayment strategies.
The CBC Digital Archives Website.
Canadian Broadcasting Corporation.
Last updated: Jan. 30, 2009.
[Page consulted on Feb. 13, 2012.]