What Students Don’t Know About Student Debt in Canada

Meet Erica—she’s our Student Success Manager here at GrantMe and graduated from the University of British Columbia with a degree in English Literature. Little did she know, she would graduate with $56,000 in student debt. 

Student debt is a 26 billion dollar problem affecting thousands of students in Canada. In fact, the average Canadian student will graduate with $26,000 in debt! Many students simply don’t know the options available to them. 

We’re here to break down what students don’t know about student loans in Canada. Watch the video below to learn:

  • Erica’s student debt story
  • The difference between a student loan and a line of credit
  • How to calculate how much interest your loan will cost you
  • What other options you can pursue

If you want to avoid student debt, GrantMe can help. We provide personalized scholarship matches, essay editing, and world-class support to maximize your scholarship success. Learn more and start achieving financial freedom.

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