Why won’t the Premier commit to taking interest off Ontario student loans?

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Today during Question Period, Ontario NDP Leader Andrea Horwath asked Premier Kathleen Wynne to commit to taking the interest off of Ontario student loans. The Premier refused.

“Ontario can be a great place to live, but it’s getting harder to build a good life here, especially for young people,” noted Horwath. “I am surprised that this Liberal government thinks that it is okay to make money on the backs of a generation of young people who are just trying to build a great life for themselves and their families in our province.”

The NDP believes that the government shouldn’t be profiting from people who need loans to access post-secondary education. Horwath made the commitment yesterday at Brock University in St. Catharines, that an NDP government would immediately remove interest from Ontario student loans.

“College or University should be a jumping off point for finding a job you love, and building a fulfilling life. But graduating with a $30,000 loan plus interest makes it a lot harder to build that life,” said Horwath. “Education should be an investment, not a burden and the government should be making life easier for people, not harder.”
Student debt delays important life milestones for young people such as buying a car, owning a home, starting a family or starting a business. This makes student debt not only a burden for the people who carry it, but on the provincial economy as a whole. The NDP will immediately remove interest from Ontario student loans upon forming government as a first step to addressing this crisis.

1 COMMENT

  1. She is afraid to commit to anything after the billions of taxpayer money that has already been foolishly squandered.
    New tax hikes and money grabs are coming fast and furious.
    God help us all.

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