More Help to Repay Student Loans

More Help to Repay Student Loans

Young Canadians who have invested in their post-secondary education should be able to focus on important things like saving for a home or starting their career and not be burdened by student debt repayments.

A re-elected Liberal government will:

  • Increase the repayment assistance threshold to $50,000 for Canada Student Loan borrowers who are single. This means that new grads, working hard early in their careers, won’t have to begin repaying their loans until they earn at least $50,000 annually.