OTTAWA, Oct. 21, 2013 /CNW/ - Students from across Canada will be
meeting with Members of Parliament and Senators this week to pressure
the federal government to take immediate steps to address increasing
"Canada is facing a crisis in student debt," said Jessica McCormick,
Chairperson of the Canadian Federation of Students. "Without immediate
and decisive action from the federal government, today's students will
be the first generation to be worse off than the previous generation.
Over the past 20 years tuition fees in Canada have increased by over 200
percent. High tuition fees have led to record levels of student debt.
Students collectively owe the federal government over $15 billion
through the Canada Student Loans Program, with billions more owed to
provincial governments and private lenders. Last year alone, 455,000
Canadians were forced to borrow federal student loans.
Students will be meeting with Members of Parliament and Senators to
outline a series of recommendations, including a cost-neutral proposal
to convert all new student loans to grants and investments that would
cut student debt in Canada by half and return federal funding to
colleges and university to 1992 levels.
"Whether it's the increasing need for campus food banks or the
concerning level of financial stress reported by young people, students
see the impact of high tuition fees and student debt everyday," said
McCormick. "Addressing these challenges requires federal leadership and
the political will to ensure young people are not left behind."
Students' recommendations, contained in a policy document entitled Public Education for the Public Good, are available at www.cfs-fcee.ca.
The Canadian Federation of Students is Canada's largest student
organisation, uniting more than one-half million students in all ten
provinces. The Canadian Federation of Students and its predecessor
organisations have represented students in Canada since 1927.
SOURCE: Canadian Federation of Students
For further information:
Jessica McCormick, Chairperson: 613-232-7394, firstname.lastname@example.org