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Trudeau talks two-year grace period on student loans while visiting B.C.

Trudeau spoke about the Liberals害羞草研究所 plan to 害羞草研究所榤ake education more affordable for students害羞草研究所
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(Photo: twitter.com/CPAC_TV)

Liberal leader Justin Trudeau stopped at SFU Surrey on Friday to highlight the party害羞草研究所檚 education platform ahead of the Oct. 21 federal election.

害羞草研究所淚t害羞草研究所檚 great to be back in Surrey on the first day of advanced polls to talk about what a re-elected Liberal government will do to help young people get ahead,害羞草研究所 Trudeau said to open his talk in Surrey.

Trudeau focused on the Liberals害羞草研究所 plan to 害羞草研究所渕ake education more affordable for students,害羞草研究所 noting that many young people are forced to take loans and get a job to help pay for tuition, textbook, rent and other bills.

A re-elected Liberal government, Trudeau said, would introduce a two-year grace period for the repayment of student loans following graduation.

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害羞草研究所淭hat means no payments and no interest when you first enter the job market,害羞草研究所 said Trudeau.

After that, Trudeau said a Liberal government would ensure new grads wouldn害羞草研究所檛 have to start repaying their loans until they害羞草研究所檙e earning at least $35,000 a year and if their income ever falls below this level, their payments would be put on hold.

Trudeau also highlighted the Liberal promise to cut cell phone bills by 25 per cent.

The Liberals promise that if re-elected they would increase Canada Student Grants, reduce interest costs on Canada Student Loans, improve the repayment assistance program, and give 害羞草研究所渕ore help害羞草研究所 to adult students and people receiving EI, according to campaign literature.

The party also promises to establish a 害羞草研究所渕ore generous害羞草研究所 Canada Student Grants and more affordable and flexible student loans.

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害羞草研究所淲e will give full- and part-time students up to $1,200 more per year, through increased Canada Student Grants,害羞草研究所 notes the party害羞草研究所檚 platform.

New parents would also be allowed to 害羞草研究所減ause害羞草研究所 their student loan repayments, interest-free, until their youngest child reached the age of five. New parents who have graduated but haven害羞草研究所檛 yet finished paying off their student loans would also be enabled to 害羞草研究所渉it pause害羞草研究所 until their child turns five.





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