More Canadians turn to loans to pay for school: Survey

Canadian post-secondary students are relying less on college savings or their parents to pay for school, and more on loans. 
The average Canadian student expects to graduate $26,297 in debt. That's because they don't have savings and their parents either won't, or can't, fork over the cash for college. 
In 2012, 52% of students were getting money from their parents. That dropped to 44% in 2013, according to an annual survey by the Bank of Montreal. While 62% relied on their own savings in 2012, that's down to 58% this year. And 55% are turning to loans, up from 49% last year. Read more...