How much debt is an A worth?

By Simona Chiose. Student loan rhetoric in Canada often borrows from the United States. Yet even as U.S. grappling with increasing default rates, the story in Canada is different. The big numbers are still startling - the value of student loans was at $2.4-billion in 2012 versus $800-million 20 years ago. But student loans could be called a good news story: Default rates have declined since 2007 as has the average balance for students in most provinces. (All numbers from Statistics Canadaa). Read more...