Singh is renewing his pitch to young voters, pledging that an NDP government would cancel up to $20,000 in tuition. THE CANADIAN PRESS/Adrian Wyld

NDP announces plan to cancel up to $20K in student loan debt per Canadian

If elected leader Jagmeet Singh says he would also freeze federal student loan payments for a time

New Democrat Leader Jagmeet Singh is renewing his pitch to young voters, pledging that an NDP government would cancel up to $20,000 in tuition.

Singh says that, if elected, he would also freeze federal student loan payments until the pandemic winds down and cancel interest on student debt.

The announcement, to be presented today as a campaign-style pledge ahead of a possible election this year, comes as federal parties prepare to battle it out for the hearts and ballots of young voters.

Statistics Canada found last fall that more than 60 per cent of post-secondary students were concerned about using up their savings and taking on more debt.

The Liberals imposed a moratorium on Canada Student Loan payments between last April and September, but the freeze has long since thawed and student groups have urged Ottawa to suspend interest obligations again.

Singh says the government has been “profiting off the backs of young people” by taking in more than $4 billion in interest payments since 2015.

“Young people are making student loan payments the size of mortgage payments — spending years under crushing debt, not able to get ahead. And the COVID-19 pandemic only made matters worse,” he said in a statement.

“An education should help young people get ahead, not leave them further behind.”

Singh also repeated his commitment to work with provinces and territories toward tuition-free post-secondary education.

CanadaFederal PoliticsNDP Leadership

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Langley City Mayor Val van den Broek. (Langley Advance Times files)
Langley City mayor urges people to stick to health order rules

Stay strong and support local businesses, says van den Broek

A classic Porsche Speedster replica caught fire on a Langley road around 6 p.m. on Saturday, April 17, 2021. (Darren Carlson/Special to Langley Advance Times)
VIDEO: Porsche replica car catches fire on Langley road

Township firefighters responded to the incident on Saturday evening

Rachna Singh, MLA for Surrey-Green Timbers, is the parliamentary secretary for anti-racism initiatives. (Photo: flickr.com/photos/bcgovphotos)
Local agency given more bucks to combat anti-racism

Langley Community Services one of 36 organizations given added funds

Langley Township council passed a tree protection bylaw in 2019, but one resident says the municipality does not do enough to preserve valuable trees. (Black Press Media)
LETTER: Langley Township fails to protect enough trees, writer says

Resident said community should not cut trees then find man-made solutions to mitigate climate impact

The Langley School District has issued another COVID-19 notification for Peter Ewart Middle School. (Langley Schools)
Vancouver resident Beryl Pye was witness to a “concerning,” spontaneous dance party that spread throughout social groups at Kitsilano Beach on April 16. (Screen grab/Beryl Pye)
VIDEO: Dance party erupts at Vancouver’s Kitsilano Beach to the dismay of onlookers

‘It was a complete disregard for current COVID-19 public health orders,’ says Vancouver resident Beryl Pye

Deputy Prime Minister and Minister of Finance Chrystia Freeland responds to a question during Question Period in the House of Commons Tuesday December 8, 2020 in Ottawa. The stage is set for arguably the most important federal budget in recent memory, as the Liberal government prepares to unveil its plan for Canada’s post-pandemic recovery even as a third wave of COVID-19 rages across the country. THE CANADIAN PRESS/Adrian Wyld
Election reticence expected to temper political battle over federal budget

Opposition parties have laid out their own demands in the weeks leading up to the budget

Chilliwack Search and Rescue volunteers say that a call on April 17 on Vedder Mountain was affected by bikers who rode through the rescue site, throwing rocks onto members and the patient. (Chilliwack Search and Rescue image)
Chilliwack Search and Rescue team, and patient, sprayed with rocks and dirt during rescue

Volunteer crew speaks out after riders on Vedder Mountain show no courtesy at accident scene

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

File photo. THE CANADIAN PRESS/Graeme Roy
One man dead after shooting in Downtown Vancouver

This is Vancouver’s fifth homicide of the year

A syringe is loaded with COVID-19 vaccine at a vaccination clinic run by Vancouver Coastal Health, in Richmond, B.C., Saturday, April 10, 2021. THE CANADIAN PRESS/Jonathan Hayward
B.C. to open up COVID vaccine registration to all B.C. residents 18+ in April

Registration does not equate to being able to book an appointment

(Black Press file photo).
UPDATED: Multiple stabbings at Vancouver Island bush party

Three youths hospitalized after an assault in Comox

Selina Robinson is shown in Coquitlam, B.C., on Friday November 17, 2017. British Columbia’s finance minister says her professional training as a family therapist helped her develop the New Democrat government’s first budget during the COVID-19 pandemic, which she will table Tuesday. THE CANADIAN PRESS/Darryl Dyck
B.C. finance minister to table historic pandemic-challenged deficit budget

Budget aims to take care of people during pandemic while preparing for post-COVID-19 recovery, Robinson said

Most Read