Recently released fiscal documents show the Canadian government won’t collect $203.5 million in debts from 34,240 students, according to the Canadian Press. It’s the third round of loan write-offs in four years.
Even though this is a recurring problem for the federal government, people are less concerned with student loan debt and more concerned about consumer debt students accumulate during the course of study, said Freida Richer, licenced bankruptcy and proposal trustee with Grant Thornton Limited, in an interview with Global News.
