Hello!
I've seen a video of an immigrant on YouTube. He said, that he've taken a special credit(that covered overall cost) to study in a University for bachelor degree(he had only study permit) , now he graduated and live in Canada as a citizen(for quite some time now) and he pays about 200 dollars a month and will do so for 20 years). I didn't find any of this information on the Internet, so, can you help me? Is there really a way to get a credit for 3-4 years of studying? How can I do it?
Thank you for your attention!
You have to remember though that a lot of ex students have issues to pay back the loan. Sometimes they didn't get a job, don't make enough for a living and paying of a loan.
So taking on a student loan isn't for everyone. In my opinion too many people do not pay enough attention to how reality works - and that usually leads to a huge debt.
I told my kid to NOT study in Canada because of the loan situation. Now she does a paralegal apprenticeship and gets paid and won't have any debt while starting a career.
