https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w by Suganya Sivaruban en-us 2022-11-27 04:21:30 UTC 2022-11-28 16:31:47 UTC hello@padlet.com suganyasivaruban https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2399511224 Here you will learn about student loan debt through websites, videos, and images. Student loan debt is the major crisis among young students. The National student Loans Service Center in Canada is offering students various loans and repayments plans. ]]> 2022-11-28 02:18:36 UTC https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2399511224 suganyasivaruban https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2399908798 This website communicates about the statistics of student loan debt in Canada. Most of the students who study in the college or university, have to rely on student loans to pay for the cost of tuition, text books, school supplies and housing. According to statistics Canada ,more than 1.7 million Canadian have student loan. The website explains about how many students received student loan over all, total amount of student loan debt , average loan amount to complete bachelor's degree and doctorate and average interest rate in Canada . Also this website explains about how does a typical loan borrower looks like. 

I chose this website, because of statistics of student loan debt in Canada. One useful information I found is about paying back the student loan debt and the repayment plan and goal.]]> 2022-11-28 09:27:57 UTC https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2399908798 suganyasivaruban https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2399914179 This website communicates about Canadian Government's repayment assistance plans for Canadian students. The Canadian minister of employment announced an enhancement to repayment assistance plan. This enhancement will provide financial relief to young students who start their career. As of November 1, 2022, the zero- payment income threshold for Canada student loan and Canada apprentice loan increase from $25000 to $40000 for a family size of 1. Also this website mentioned about the new requirement of repayment of student loan and when and how to repay. 

I chose this website, because this news is useful and give relief to students who have student loan debt and who is planing to take student loan. One useful information I found in this website is loan repayment will not be required until borrowers earn at least $40,000 per year. This is a good news for students who are struggling to manage repayments. ]]> 2022-11-28 09:32:38 UTC https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2399914179 suganyasivaruban https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2399977704 This website communicates about the relationships within bankruptcy and student loan debt. According to statistics Canada, many students are not able to pay back their loan and ended up in bankruptcy. If you have not been a student for seven years and did not start to repay the student loan debt , then it will be discharged into the bankruptcy. It is hard to get another student loan after the bankruptcy but still you can apply for it and proof it under the act. 

I chose this website, because this page contains useful information about the relationships between bankruptcy and student loan and how bankruptcy affect the students. One useful information I found is the student loan advice and strategies to overcome this stressful periods.]]> 2022-11-28 10:28:10 UTC https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2399977704 suganyasivaruban https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2400029537 This website communicates about the student loan, requirements to apply for student loan, factors that influence the loan amount,  how to repay, organizations which provide student loan, and the consequences if not repay the loans. Most of the student get fund for the school form the government programs which is flexible and low interest rate. But not everyone can receive it for many reasons. But there are some other organizations offer students loans such as student loan, personal loan, student line of credit and credit cards. 

I chose this website, because this website contains lots of useful information about student loan, which is more beneficial for student who would like to apply for a loan. One useful information I found here is the provincial student loan providers and their informations.]]> 2022-11-28 11:15:41 UTC https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2400029537 suganyasivaruban https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2400051674 This video communicates about the brief explanation of student loan repayments . All the details about repayment have been included such as when to start repayment, how to calculate, how to budget, methods of payment , interest rate, funding trackers etc. 

I chose this video because, this video have depth knowledge about the Canada student loan. One useful I found in this video is the  changing the plan of repayment. ]]> 2022-11-28 11:36:46 UTC https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2400051674 suganyasivaruban https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2400076468 This video communicates about should we consolidate Canada student loan debt. This video is for someone who would think  about consolidating government funded student loan debt to private organization. Video tells clearly about why we should not consolidate student loan debt. There are many reasons for not consolidating Canada student loan.  Government funded loan has low  interest rate, able to income tax deduction and  income tax return, can change the repayment option and sometime you can get loan forgiveness.

I chose this video, because this video is animated mind map which people can understand easily. It is a short video but contain valuable informations. One useful information I found here is befit of taking Canada student loan rather than from private organizations. ]]> 2022-11-28 12:00:10 UTC https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2400076468 suganyasivaruban https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2400084793 In this video, a student talks about  how her student loan debt has been increased and the struggles to repay it. Most of the students in Canada going through the same problem nowadays due to the rise in tuition fee and school supplies. Specially when they take more than one degrees they have to add fees of both degrees together. Additionally, some student would like to change their career for some reasons where their student loan will add up together which they can't able to repay. 

I chose this topic, because this video shows the real experience of students who are struggle to repay the highest amount. One important information I found useful is how to manage the budget and how student loans are increasing.

]]> 2022-11-28 12:08:35 UTC https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2400084793 suganyasivaruban https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2400439822 This video is taken from the Global news. They interviewing to the students about their student loan. In the recent announcement of Canada, students who have loan to be repaid, need not to pay until they earn $40,000 per year. This is good news for young students who just started to work. Also another announcement was nurses who chose to work on rural areas will get up to $30,000 loan forgiveness. Canada is working on to support students who are struggling to repay student loan debt.

I chose this video because it contains news about student loan dept and interviews about student's opinions. One point I found use full is the Government is implementing many plans  for student to manage their loan burden. ]]> 2022-11-28 15:46:39 UTC https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2400439822 suganyasivaruban https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2400458036 This picture explain very well about the student loans and jobs opportunities. Nowadays student loans are very high which can't be afford to repay, but it s hard to get the job after graduation and salary also very low. So some students think to study another course to get better job opportunity or better salary and again they have to apply for added student loan. Some students get depression and anxiety due to the high amount of loan. ]]> 2022-11-28 15:56:23 UTC https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2400458036 suganyasivaruban https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2400480158 This picture shows many meaning. In my views, to graduate from the college/ university we need lots of dollars. A graduation hat is very expensive to achieve in Canada. Students are fighting against the burden of loan to achieve the degree. But it is really hard to pay back because the salary is low in many places.]]> 2022-11-28 16:08:35 UTC https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2400480158 suganyasivaruban https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2400501203 This topic was interesting to learn about the pros and cons of the student loan dept. I earned some knowledge about the statistics of the Canadian student loan. I found some interesting at the same time sad stories of some students who are suffering to repay the student loan. ]]> 2022-11-28 16:20:12 UTC https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2400501203 suganyasivaruban https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2400507417 This topic is relevant to me because I am a student now with the student loan. Currently I am in my last semester of studies with the support of OSAP. I may have to think now about how to repay the loan, how to mange m budget and when do I start payment. This research was helpful to me to prepare my self for the next year plan of loan repayment. ]]> 2022-11-28 16:23:37 UTC https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2400507417 suganyasivaruban https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2400514070 I would share with my family and friends about the advantage and disadvantage of using student loan. I will also share the government announcements about the student loan repayments and forgiveness. Also I will share how to manage the budget and how to make payment which is manageable to all students. ]]> 2022-11-28 16:27:20 UTC https://padlet.com/suganyasivaruban/m4l3sfsntr03t89w/wish/2400514070