Student Debt Relief Act

An Act respecting the development of a national strategy on student loan debt

Sponsor

Don Davies  NDP

Introduced as a private member’s bill. (These don’t often become law.)

Status

Outside the Order of Precedence (a private member's bill that hasn't yet won the draw that determines which private member's bills can be debated), as of March 29, 2023

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Summary

This is from the published bill. The Library of Parliament often publishes better independent summaries.

This enactment provides for the development of a national strategy with the objective of reducing student loan debt.

Elsewhere

All sorts of information on this bill is available at LEGISinfo, an excellent resource from the Library of Parliament. You can also read the full text of the bill.

Student Debt Relief ActRoutine Proceedings

March 29th, 2023 / 3:50 p.m.
See context

NDP

Don Davies NDP Vancouver Kingsway, BC

moved for leave to introduce C-328, An Act respecting the development of a national strategy on student loan debt.

Mr. Speaker, I am honoured to rise today to introduce the student debt relief act, with thanks to the great member for Edmonton Griesbach for seconding this legislation.

Far too many Canadian students have been forced to assume a crushing debt load simply to receive an education. In Canada, the average student loan debt is now $28,000 for a bachelor's degree and $15,300 for college graduates. This legislation provides for the development of a national strategy to address student loan debt by cancelling debt from government-provided students loans, permanently eliminating interest from all government-provided student loans, increasing nonrepayable student grants and protecting future students by reducing the cost of post-secondary education across Canada.

In fact, in my view it should be free.

New Democrats believe that every student who studies hard should be able to access a world-class education without going into debt.

I call on all parliamentarians to work together to make debt-free, accessible post-secondary education a reality for all students across Canada.

(Motions deemed adopted, bill read the first time and printed)