Giving New Parents a Break on Student Loans

Giving New Parents a Break on Student Loans

Being a new parent is expensive. There’s a new mouth to feed, new clothes to buy, and new child care costs. Paying back federal student loans at the same time, is an extra stress that we don’t think new parents should have to manage.

A re-elected Liberal government will:

  • Let new parents pause repayment of their federal student loans until their youngest child reaches the age of five. This would also include new parents who have graduated but still haven’t finished paying off their loans