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Student money: Ending the cycle of poverty

Friday, June 10th, 2011

Jun 9, 2011
As a single mother who entered university to try to break the cycle of poverty, I now find myself in a $48,800/year job (for which having a degree was mandatory) and carrying monthly Canada Student loan costs of $544/month and BC Student Loan costs of $200/month… My son will be entering university in 6 years, at which time, I expect to still be carrying my own debt, and will be unable to provide full support for his educational costs, and so the cycle of poverty continues as he will be forced to amass debt as well.

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