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Reduce Newfoundland and Labrador Student Debt

Reduce Newfoundland and Labrador Student Debt

967 signatures 33 to reach 1,000
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Started by Anonymous 19 years, 9 months ago
We believe that the province of Newfoundland and Labrador would be much better off if the provincial government eliminated the interest it charges borrowers. We feel that the province would benefit greatly if our young educated individuals were able to live in their home province and contribute to their own economy rather than having to move away to areas where the pay is greater in order to break out of debt. We feel that by eliminating the interest on these loans, it would be a vital first step in slowing down out-migration, and it would be a great boost to the local economy if our young educated individuals came home (or didn\'t have to leave) and made and spent their money here rather than in places like Alberta or Ontario. We strongly believe that the province would be better off inticing young people to stay by eliminating student debt, and in particular the interest, than it would by simply collecting the interest made off of the backs of our educated people.

Updates

October 27, 2006

Seeing one hundred people sign this confirms I am not the only one feeling the weight of these payments. It feels hopeful to know others back home recognize how much this debt forces us to leave our province behind.

Reached 500 supporters

October 27, 2006

October 27, 2006

I have been reading through the stories you are leaving in the comments and it is heartbreaking to see how many of my friends are being forced to leave our province just to keep up with their loan payments. This issue hits home for me every single day because I see such talented people packing their bags instead of building a life right here in Newfoundland. I am currently working on getting our message directly to the decision makers who need to understand that this debt is driving our generation away.

Reached 100 supporters

October 24, 2006

6 Comments

D
dave Mensah
19 years ago Featured

total joke that the province is profiting while everyone leaves for work. stop squeezing us dry for just trying to get an education.

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amanda Harvey
19 years ago Featured

Finally someone said it. i want to live near my family but i cant afford the debt with these rates and high cost of living. do the right thing.

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sarah Chapman
19 years ago Featured

so many of us had to move away just to make ends meet. if the debt was actually manageable we would all be back home. really hope the gov wakes up.

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mark Russell
19 years ago Featured

its impossible to stay here with these payments. ive already got friends buying homes in alberta while i am stuck living in my parents basement payin off interest. change this now.

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kevin Park
19 years ago Featured

we are the future of this province but you are driving us out. just drop the interest already.

J
jessica Choi
19 years ago Featured

my brother had to move to fort mac because he couldnt afford his loan payments here. fix this or keep losing your best young people.

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