Student Loan Debt by https://padlet.com/talschool/thkan7da2fet Made with a creative frenzy en-us 2018-06-13 00:42:19 UTC 2018-06-18 15:17:38 UTC hello@padlet.com Post #1: Student Loan Debt by Talita Gomes de Barros talschool https://padlet.com/talschool/thkan7da2fet/wish/266923437 2018-06-13 00:49:46 UTC https://padlet.com/talschool/thkan7da2fet/wish/266923437 Post #2: Welcome to "Student Loan Debt" website talschool https://padlet.com/talschool/thkan7da2fet/wish/266923772 In this series of posts, you will learn about the struggles around having a student loan, the resources available to pay for post secondary education and the consequences of student loans. ]]> 2018-06-13 00:52:25 UTC https://padlet.com/talschool/thkan7da2fet/wish/266923772 Website #1 Global News https://globalnews.ca/news/3755628/canadian-student-loans-regrets/ talschool https://padlet.com/talschool/thkan7da2fet/wish/266924496 One man finished paying his student loan 10 years after he started. He intended on paying everything right after he was done school but he says that  expenses of living independently and paying bills delayed paying off his loan. He reflects on his experience and states that he wishes he had started working while in school to help pay off this loan. I found this useful and reassuring because I decided to start working half way through my schooling to help with expenses and I’m happy I did and did not wait until after I’m done school. A poll done on student loan concluded that about ¼ of the Canadian graduates who participated in the poll, wished they had avoided other debt by staying away from credit cards and car loans.

]]> 2018-06-13 00:57:45 UTC https://padlet.com/talschool/thkan7da2fet/wish/266924496 Website #2 Government of Canada https://www.canada.ca/en/employment-social-development/services/education/student-loan/manage.html talschool https://padlet.com/talschool/thkan7da2fet/wish/266924907 This page on the Government of Canada's website, gives some tips on managing student loan debt. It counsels people to use extra money that they may have towards paying off student debt. It also encourages students to try to pay the loan off while in school or within the 6 months after completing school where interest is not applied. This is useful to keep in mind because if this is put as a priority over other not so urgent expenses, it will help reduce the amount that needs to be paid back. Paying more each month is also another advice given. ]]> 2018-06-13 01:00:57 UTC https://padlet.com/talschool/thkan7da2fet/wish/266924907 Website #3 National Post http://nationalpost.com/news/canada/as-student-debt-climbs-to-an-average-past-25k-schools-invest-in-battling-the-mental-health-issues-it-causes talschool https://padlet.com/talschool/thkan7da2fet/wish/266925140 This website talks about the consequences of a big student loan when it comes to mental health. The reports show that there is a higher chance of developing a mental illness in early adulthood when the person has a high loan to pay.With this being a serious problem, York university educators have been trained to identify students in distress and guide them in the right direction. A wellness strategy was being discussed to help student cope. This is useful information because it shows that this problem is not being hidden but it is being brought forward to aid students and hopefully it has great results. ]]> 2018-06-13 01:03:35 UTC https://padlet.com/talschool/thkan7da2fet/wish/266925140 Video #1 'It's dream crushing': Ottawa University law student opens up about being $150,000 in debt https://www.youtube.com/watch?v=3Hjz7q0PUS8 talschool https://padlet.com/talschool/thkan7da2fet/wish/266925350 In this video, it gets into detail about the current situation of a University of Ottawa law student and her dream crushing experience with debt. She is $150,000.00 in debt from post secondary education. She had the support from student lines of credit but now she feels limited with this huge debt on her shoulder while being so close to graduation. This debt is limiting her on dreaming big and wanting to pursue bigger things such as owning her own law office. I learned that debt can accumulate really fast just as this student mentioned, her credit loan reached the maximum very shortly and when she reached out to another institution for a larger loan, that too reached its max really quick. ]]> 2018-06-13 01:06:28 UTC https://padlet.com/talschool/thkan7da2fet/wish/266925350 Video # 2 Financial Aid - Tips for Canadian Students https://www.youtube.com/watch?v=BAAsUAfZ9IU talschool https://padlet.com/talschool/thkan7da2fet/wish/266925960 This video gives a good insight on the different resources available to help students in Canada and specifically in Ontario with school. There are student lines of credit that banks such as TD Bank offer. There is also osap which is a loan given by the government. Most of this money will be paid back but there are bursaries in which is money given to you that you do not pay back. The government also funds students to go to school out of the country. Lastly, there are scholarships in which students can apply to in order to receive some free money for school. This is useful information because if i had known about all these options before going into school, it would have been helpful financially. ]]> 2018-06-13 01:14:17 UTC https://padlet.com/talschool/thkan7da2fet/wish/266925960 Video #3 Student Debt-Toronto, Canada https://www.youtube.com/watch?v=s8nXzNaeRQI talschool https://padlet.com/talschool/thkan7da2fet/wish/266926106 This video tells the experience of a Ryerson University student in Toronto. She shares how she keeps up with her financial situation to be able to attend post secondary education. She takes on 3 jobs in the summer, a part time job while in school and she has an osap loan. Other than school, there are other expenses that someone has to worry about such as rent and food. Keeping up with all this with the pricey tuitions Ontario post secondary schools have is not easy. According to this student, she wishes she did not have to worry about money while in school but rather just focus on school. 
I found it useful to hear this personal experience because it gave me more insight on the lives many students have and the challenges they face. This makes me more empathetic towards those who are struggling to juggle multiple big things in life.

]]> 2018-06-13 01:15:59 UTC https://padlet.com/talschool/thkan7da2fet/wish/266926106 Image #1 Extra image get married soon almost done with student loan payments https://bonefidewealth.com/blog/4-steps-to-conquer-student-loan-debt/ talschool https://padlet.com/talschool/thkan7da2fet/wish/266926460 This image shows how student loans can take a long time time to pay. In a humorous way I learned that other things in life may get postponed because of the financial barrier due to student loans. ]]> 2018-06-13 01:20:28 UTC https://padlet.com/talschool/thkan7da2fet/wish/266926460 Image #2 Student loan debt http://www.expatyourself.com/2016/08/student-loans-deferred-longer-in-canada/ talschool https://padlet.com/talschool/thkan7da2fet/wish/266926758 This image shows how it takes so long to finish school, a lot of hard work is put into it, and a lot of stress goes a long with it. I found interesting how ultimately you are left with a big student loan and  you may not find  a job in the field you studied for.  ]]> 2018-06-13 01:23:52 UTC https://padlet.com/talschool/thkan7da2fet/wish/266926758 Image #3 Student debt https://www.huffingtonpost.com/amanda-oliver/what-every-millennial-wis_b_8845084.html talschool https://padlet.com/talschool/thkan7da2fet/wish/266926849 This image shows student loans being chained to a person's ankle reflected as a burden. I found it interesting how they portrayed it as a heavy expense because that is the impact it has on people's lives. ]]> 2018-06-13 01:24:58 UTC https://padlet.com/talschool/thkan7da2fet/wish/266926849 Reflective Questions talschool https://padlet.com/talschool/thkan7da2fet/wish/267644185 1. What did you learn about the topic that most surprised you?

What surprised me the most, was the amount of students suffering from student loans and the impact it has on their lives. How school expenses are not the only things on their minds but they have other things in which their money needs to be used for and juggling all of it is not easy.

2. Provide a real-life example of how this topic is relevant or interesting for you.
I found this topic interesting because I am a student and my tuition is on the higher end. But thankfully some of the points mentioned in these resources are being applied so I do not end my schooling with debt.
3. Which research did you find most interesting? Why?
I found the video on the Ryerson student the most interesting because she does everything she can to be able to pay her schooling. She juggles multiple jobs when off school and still works while in school. I believe her experience is similar to many students and many can relate to it. ]]> 2018-06-18 15:10:45 UTC https://padlet.com/talschool/thkan7da2fet/wish/267644185