Student Loan - Loans and Debt Consolidation
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GET SMART HELP REDUCE POST GRAD DEBT TORONTO SUN
Get smart: Help reduce post-grad debt
Agence QMIFirst posted: Friday, September 03, 2010 03:28 PM EDT | Updated: Friday, September 03, 2010 05:38 PM EDT
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As kids prepare to go back to school, the government estimates total student debt levels will surpass $15 billion this month.
University tuition fees were up 3.6% last year averaging $4,917 a year while other compulsory fees rose 6.8% to $749, according to figures from Statistics Canada.
And with tuition fees showing no signs of abating, its crucial students get a handle on their day-to-day expenses, which can add up quickly.
The costs for rent, transportation, food and other expenses can top $30,000 depending on the school and living arrangements.
A difficult job market makes budgeting, maximizing savings, smart borrowing and protecting credit all the more important, Courcelles says.
Students living away from home should also be prepared for what one insurance expert calls theaccidents of life
Tags: smart reduce post grad debt Toronto Sun
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