Canada Millennium

What is the average student loan debt?

I am already up to 20,000 that I have to pay back in OSAP... and I am hopefully going back in september... and I will be going on OSAP again... so my debt will probably go up to 40,000...
any suggestions? I don't wanna be paying back student loans for the rest of my life...

Addy and Jade's Mommy:

Since you're asking specifically about Canadian students (your reference to OSAP gave it away), I can offer some data specific to your country.

In 2006, the Canada Millennium Scholarship Foundation determined that 53% of all Canadian undergraduates graduated with debt that year. The average debt for these students was $24,047.

Average debts were highest in Atlantic Canada and British Columbia, and lowest in Quebec, where the average student debt was only $12,992. The study mentioned that programs were generally shorter and bursaries more available in Quebec than in other parts of the country.

Though the average amount of debt had somewhat stabilized, the report's authors expressed concern that the percentage of students graduating with debt was on the rise. They worried that debt burdens could negatively impact the students' transition to the workforce, and affect life "decisions", including homebuying and continued education.

You are right to be concerned about your debt levels. A $40,000 debt will be well above average, and require a monthly payment of approximately $524. That's almost $6300 a year.

Be sure to investigate all of the special programs that OSAP has for debt control and repayment. There is the Ontario Student Opportunity Grant, Interest Relief, Revision of Repayment Terms (which stretches your repayment over a longer period of time), and even Debt Reduction for borrowers who are still struggling with repayment after 5 years.

All of the information on these programs - and a helpful debt calculator can be found here: http://accesswindow.osap.gov.on.ca/CGI-BIN/LANSAWEB?WEBEVENT+L10984043442842004FC7081+OSP+ENG#calc at the Ministry of Training, Colleges and Universities site.

I hope this helps you - good luck!

Find Popular Canada Millennium On eBay Below:

1999 CANADA MILLENNIUM QUARTERS SET UNC IN FOLDER
1999 CANADA MILLENNIUM QUARTERS SET UNC IN FOLDER
$7.21
2000 CANADA Millennium Polar bear coin and stamp set
2000 CANADA Millennium Polar bear coin and stamp set
$14.96
Lot 21 Canada Mint Proof Sets Silver 1964 2000 + Quarters Millennium Retail 341
Lot 21 Canada Mint Proof Sets Silver 1964 2000 + Quarters Millennium Retail 341
$261.25
Unc Canada 1999 Millennium 25 Cents November Bush Plane With Landing Skiis Fr Sh
Unc Canada 1999 Millennium 25 Cents November Bush Plane With Landing Skiis Fr Sh
$3.39
1999  2000 CANADA MILLENNIUM QUARTERS SET UNC IN FOLDER
1999 2000 CANADA MILLENNIUM QUARTERS SET UNC IN FOLDER
$28.18
CANADA MILLENNIUM 2000 QUARTER SET 13 SPECIAL EDITION QUARTERS  MEDALLION
CANADA MILLENNIUM 2000 QUARTER SET 13 SPECIAL EDITION QUARTERS MEDALLION
$39.66
Canadian Roll of 1999 Millennium 25 Cent August Face Value 1000
Canadian Roll of 1999 Millennium 25 Cent August Face Value 1000
$19.81
Canadian Roll of 2000 Millennium 25 Cent February Ingenuity Face Value 1000
Canadian Roll of 2000 Millennium 25 Cent February Ingenuity Face Value 1000
$19.81
Canadian Roll of 2000 Millennium 25 Cent March Achievement Face Value 1000
Canadian Roll of 2000 Millennium 25 Cent March Achievement Face Value 1000
$19.81
Canadian Roll of 2000 Millennium 25 Cent May Natural Legacy Face Value 1000
Canadian Roll of 2000 Millennium 25 Cent May Natural Legacy Face Value 1000
$15.08
Canadian Roll of 2000 Millennium 25 Cent April Health Face Value 1000
Canadian Roll of 2000 Millennium 25 Cent April Health Face Value 1000
$19.81
Canadian Roll of 2000 Millennium 25 Cent August Family Face Value 1000
Canadian Roll of 2000 Millennium 25 Cent August Family Face Value 1000
$19.81
Canadian Roll of 2000 Millennium 25 Cent November Freedom Face Value 1000
Canadian Roll of 2000 Millennium 25 Cent November Freedom Face Value 1000
$19.81
Canadian Roll of 2000 Millennium 25 Cent December Community Face Value 1000
Canadian Roll of 2000 Millennium 25 Cent December Community Face Value 1000
$19.81
Canadian Roll of 1999 Millennium 25 Cent April Face Value 1000
Canadian Roll of 1999 Millennium 25 Cent April Face Value 1000
$19.81
Canadian Roll of 1999 Millennium 25 Cent March Face Value 1000
Canadian Roll of 1999 Millennium 25 Cent March Face Value 1000
$19.81
Canadian Roll of 1999 Millennium 25 Cent December Face Value 1000
Canadian Roll of 1999 Millennium 25 Cent December Face Value 1000
$19.81
Canadian Roll of 1999 Millennium 25 Cent June Face Value 1000
Canadian Roll of 1999 Millennium 25 Cent June Face Value 1000
$19.81
CANADA 2 Dollars 2000 Silver Gold Plated PF Millennium Polar Bears Box CoA
CANADA 2 Dollars 2000 Silver Gold Plated PF Millennium Polar Bears Box CoA
$25.01
1999 Canadian Millennium TWELVE 25 cent silver proof coins WOW 999 silver
1999 Canadian Millennium TWELVE 25 cent silver proof coins WOW 999 silver
$69.00
CANADA 2000 CANADIAN QUARTER 25 Cents HARMONY HARMONIE Millennium Series COIN
CANADA 2000 CANADIAN QUARTER 25 Cents HARMONY HARMONIE Millennium Series COIN
$0.01
CANADA 2000 CANADIAN QUARTER 25 Cents Ingenuity Inggnosit Millennium Series
CANADA 2000 CANADIAN QUARTER 25 Cents Ingenuity Inggnosit Millennium Series
$0.01
CANADA 2000 CANADIAN QUARTER 25 Cents Pride Fiert Millennium Series COIN
CANADA 2000 CANADIAN QUARTER 25 Cents Pride Fiert Millennium Series COIN
$0.01
1999 Millennium Canada 13 Quarter Set
1999 Millennium Canada 13 Quarter Set
$10.28
CANADA COIN 2000 MILLENNIUM INGENUITY 25 SILVER PROOF QUARTER UNCIRCULATED
CANADA COIN 2000 MILLENNIUM INGENUITY 25 SILVER PROOF QUARTER UNCIRCULATED
$17.50
2000 Millennium Quarter 25 Complete Set 12 Coins
2000 Millennium Quarter 25 Complete Set 12 Coins
$7.95
1999 CANADA Millennium Sterling Silver Quarter for May in proof finish
1999 CANADA Millennium Sterling Silver Quarter for May in proof finish
$8.77
1999 CANADA Millennium Sterling Silver Quarter for March in proof finish
1999 CANADA Millennium Sterling Silver Quarter for March in proof finish
$7.87
1999 CANADA Millennium Sterling Silver Quarter for July in proof finish
1999 CANADA Millennium Sterling Silver Quarter for July in proof finish
$8.77
Canadian Millennium Quarter Harmony 2000
Canadian Millennium Quarter Harmony 2000
$0.28
Canadian Millennium Quarter This is Canada December 1999
Canadian Millennium Quarter This is Canada December 1999
$0.28
Canadian Millennium Quarter First Nations October 1999
Canadian Millennium Quarter First Nations October 1999
$0.28
Canadian Millennium Quarter Achievement 2000
Canadian Millennium Quarter Achievement 2000
$0.28
Canadian Millennium Quarter Freedom 2000
Canadian Millennium Quarter Freedom 2000
$0.28
lot of 15 2000 The Official Millennium Keepsake by Canada Post stam
lot of 15 2000 The Official Millennium Keepsake by Canada Post stam
$78.60
2000 Official Millennium Keepsake  Medallion and stamp set
2000 Official Millennium Keepsake Medallion and stamp set
$2.78
Canada 2000 Millennium Quarter Proof Set Complete In Case 12 Coins + Medallion
Canada 2000 Millennium Quarter Proof Set Complete In Case 12 Coins + Medallion
$9.80
Canada 2000 Millennium Quarter Proof Set Complete In Case 12 Coins + Medallion
Canada 2000 Millennium Quarter Proof Set Complete In Case 12 Coins + Medallion
$8.90
Canada 2000 Millennium Quarter Proof Set Complete In Case 12 Coins + Medallion
Canada 2000 Millennium Quarter Proof Set Complete In Case 12 Coins + Medallion
$8.90
Canada 2000 Millennium Quarter Proof Set Complete In Case 12 Coins + Medallion
Canada 2000 Millennium Quarter Proof Set Complete In Case 12 Coins + Medallion
$8.90



List Of Recently Purchased Canada Millennium:


1999 canada millennium quarters set unc in folder, 2000 canada millennium polar bear coin and stamp set, lot 21 canada mint proof sets silver 19642000 quarters millennium retail $341, unc canada 1999 millennium 25 centsnovemberbush plane with landing skiisfrsh, 1999 amp; 2000 canada millennium quarters set unc in folder, canada millennium 2000 quarter set 13 special edition quarters amp; medallion, canadian roll of 1999 millennium 25 cent august face value $1000, canadian roll of 2000 millennium 25 cent februaryingenuity face value $1000, canadian roll of 2000 millennium 25 cent marchachievement face value $1000, canadian roll of 2000 millennium 25 cent maynatural legacy face value $1000, canadian roll of 2000 millennium 25 cent aprilhealth face value $1000, canadian roll of 2000 millennium 25 cent augustfamily face value $1000, canadian roll of 2000 millennium 25 cent novemberfreedom face value $1000, canadian roll of 2000 millennium 25 cent decembercommunity face value $1000, canadian roll of 1999 millennium 25 cent april face value $1000, canadian roll of 1999 millennium 25 cent march face value $1000, canadian roll of 1999 millennium 25 cent december face value $1000, canadian roll of 1999 millennium 25 cent june face value $1000, canada 2 dollars 2000 silvergoldpla€ted pf millennium polar bears boxcoa, 1999 canadian millennium twelve 25 cent silver proof coins wow 999 silver , canada 2000 canadian quarter 25 cents harmonyharmonie millennium series coin, canada 2000 canadian quarter 25 cents ingenuity inggnosit millennium series, canada 2000 canadian quarter 25 cents pride fiert millennium series coin, 1999 millennium canada 13 quarter set, canada coin 2000 millennium ingenuity 25 silver proof quarter uncirculated, 2000 millennium quarter 25 complete set 12 coins , 1999 canada millennium sterling silver quarter for may in proof finish, 1999 canada millennium sterling silver quarter for march in proof finish, 1999 canada millennium sterling silver quarter for july in proof finish, canadian millennium quarter harmony 2000, canadian millennium quarter this is canada december 1999, canadian millennium quarter first nations october 1999, canadian millennium quarter achievement 2000, canadian millennium quarter freedom 2000, lot of 15 2000 the official millennium keepsake by canada post stamp, 2000 official millennium keepsake € medallion and stamp set, canada 2000 millennium quarter proof set complete in case 12 coins medallion, canada 1999 millennium quarter proof set complete in case 12 coins medallion, 1999 canada months of the year quarters 25 cents framed set millennium, 2000 canada millennium family 925 silver 25 cents quarter coin in case wcoa, canada 2000 millennium coin and stamps in original container canada post, lot of 2 sets canada 1999 amp; 2000 millennium quarter complete in case 26 coins, 2000 silver canadian maple leaf millennium 9999 pure silver rcm sealed, 1999 canada millennium coin set 12 silver proof quarters nice display wcoa, 1999 millennium quarter coin set royal canadian mint 1st series for 2000, 1999 canada millennium medallion graded as proof like from original set, rare complete set canada 2000 rcm millennium collection of 12 cards, 1999 canada millennium coins 12 coin silver 25 cents proof set w case e3245, set of 12 1999 millennium twentyfive cents uncirculated, set of 12 2000 millennium twentyfive cents unc, 2000 canada post millennium keepsake coin and three stamps in original case, 11 out of 12 millennium quarters from canada, 1999 rcm millennium token plate gold 24k, canada 2$ silver proof 2000 millennium polar bear wgold plated center, 925 sterling 1999 canada millennium proof coin set 12 coins 25 cents case coa, canada 25 centsquarter 1999 may millennium series coin canoe circulated , canada 2000 millennium mar roll x 4025 cent unopen fresh original pack, canada1999 millennium oct roll x 4025 cent unopen fresh original pack, rare complete millennium set of the 12 canada 1999 quarters free holder, canada 2000 millennium 25 cents nickel 12 coins set unc, 1999 canada millennium coin collection rcm 13 coins in sale, canada 2000 canadian quarter 25 cents achievement ralisation millennium series, canada 2000 canadian quarter 25 cents freedom libert millennium series coin, coinhunters1999 canada rcmmillennium 13 quarter set mint state plorig pkg, 2000 canada millennium quarter set, canada 2000 the official millennium keepsake coin medallion free combined sh , canada uncirculated millennium 2000 coin set, 2000 canada millennium quarter set medal pl in package, very rare 2000 millennium canada post coin a true collectors piece, 1999 canada millennium 25cent quarter 12 pl coins medallion set in beauty card, brilliant uncirculated 2000 canada millennium 12 quarter 25 cent 25c coin set, brilliant uncirculated 1999 canada millennium 12 quarter 25 cent 25c coin set, 2000 canada millennium $1 loon with two $1 canadian postage stamps, canada 1999 royal canadian mint millennium coins january december, 19992000 canada post official millennium keepsake stamp amp; coin set near mint, canada post the millennium collection 2000 sealed, 1999 mint silver set canada coins millennium proof, canada post the millennium collection 2000, 2000 1999 millennium royal canadian mint coin sets dove stamp mint set rare, 1999 amp; 2000 canada millennium coins sets w orpkg and coas 24 sterling coins, canada 1999 millennium coins set beauty, canada 1999 millennium coins set mint, canada 2000 millennium 25 cent coins set beauty, canada 2000 canadian quarter 25 cents freedom libert millennium series coin, canada 1999 millennium coins set mint beauty with rare test token coin, canada 1999 millennium quarters 25 cents set 12 unc coins complete set loth01, millennium 2000 canada post commemorative coin, 2000 polar bear proof millennium toonie



Poplular Coins Recently Searched For:

1999 Canada Millennium Set of 25 Cent Uncirculated 13 Coin Mount W/ Box -#033109. canadian millennium coin 2000 peace dove.

Leave a comment

You must be logged in to post a comment.