A new report from CIBC says that more than half of Canada’s post-secondary students run out of money before the school year ends.
The CIBC report also says “nearly half of post-secondary students in Canada (48 per cent) worry that they won’t be able to cover the upcoming school year’s tuition and living expenses, or pay back their student debt once they graduate. In addition, over one-third expect to graduate with more than $25,000 in debt. ”
You can read more details of the CIBC report here.
CIBC also has a budget calculator to help students figure out what they need to make it through the year. It’s online here.