The college and university graduates to thrive in our broader effects of high levels of student debt on rapidly changing economy, we must invest in both the individual and the general economy are those seeking higher education, not indebt them. [...] It to increasingly rely on loan-based financial will also provide solutions to reduce the burden of assistance to cover the cost of their education, student debt and improve the ability of Canada’s Public-funding accounts pushing student debt to historic levels. [...] Currently, post-secondary graduates to contribute to the for roughly half of post- the students who receive funding through the economy and society as a whole. [...] At this factor in compound interests that accrue after after-tax ($36,600 in 2011 dollars) would need rate, it is expected that fees will increase from an graduation and vary depending on the length of to dedicate roughly 87 days of wages, and a average of $5,959 in 2014-153 to $19,900 in time required to pay back the loan. [...] This marks a drastic certificates.12 When the rates of recent graduates working increase from 2004, when only 15 percent of outside of their educational background are taken students expected to graduate with $100,000 The risk of taking on significant levels of debt into account, the effects of underemployment and and 1 percent expected to graduate with over at a young age with few assets is often