Fix the NSLSC Now, Pause Student Loan Payments

Fix the NSLSC Now, Pause Student Loan Payments

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At 25,000 signatures, this petition becomes one of the top signed on Change.org!

I'm tired. Young people are tired. Everyone is exhausted by this pandemic, but post-secondary students and young professionals are being left to drown. By signing this petition, young people across the country are calling on all members of Cabinet, not just the PM and Minister of Finance, to immediately address the impact a dysfunctional NSLSC is having on Canadian young professionals. It is critical that the Canadian Cabinet implement the student loan payment freeze that was unanimously passed by the House of Commons last November.

I see it all around me. The NSLSC, responsible for collecting federal student loans, is in complete disarray -- my friends, their friends, no one can get a hold of the NSLSC with wait times stretching days. The Repayment Assistance Plan (RAP) is not functioning. Young people are left holding the bag with late fees, unpaid payments, and disproportional credit score penalties that will impact the economy for years post-pandemic.

Don't be deceived -- there has never been a more urgent time than right now: banks are not helping, rent cheques are going unpaid, and young people are bleeding money propping up the economy. Claims of 'stop buying lattes or 'budget better' don't hold water with the most educated generation, who have had to struggle with little government support against an unforgiving economy. There are severe risks if the federal government chooses to stay this course. 

Unemployment rates are at a high, but despite this young people are continually being asked to pay absurd amounts in the midst of a global pandemic. Do I even need to mention the cuts to student debt in the US? At least they're talking about it. Consider yourself warned that as young people struggle more than anyone with the lowest wages and least support, they are becoming disillusioned with higher education, the Canadian government, and the job market here in Canada. 

This is a plea to every member of the federal cabinet, each of whom is named as a recipient of this petition: follow through on your commitment to pause student loan payments, fix the NSLSC, and for once do your job and pay attention to students. 

0 have signed. Let’s get to 25,000!
At 25,000 signatures, this petition becomes one of the top signed on Change.org!