A study looking into the student debt crisis, by licensed firm Hoyes, Michalos & Associates Inc. which promises to help Ontarians get out of economic distress, found student debt contributed to more than 17.6 per cent of insolvencies, the first step towards filing for bankruptcy, in Ontario as of 2018. The study notes this rate is at a record high since data collection began in 2009, with roughly 22,000 former students unable to pay their debts.
Sponsored by Scotiabank, CUSA and the university’s financial literacy campaign has seven events which range from financial workshops and interview role-playing, to a local food market on campus.
Tweet me: .@Carleton_U Student Association and the university’s financial literacy campaign has seven events ranging from financial workshops to a local food market on campus, all sponsored by Scotiabank. http://bit.ly/2OtimIW @ScotiabankViews by Jillian Piper via @CharlatanLive
KEYWORDS: NYSE:BNS, Scotiabank, Bank of Nova Scotia, CUSA, Carleton University, Michalos & Associates Inc.