Mr. Del Mastro, we are looking at the fact that 68% or more of students are not able to take advantage of the current regime. That includes middle-income and poor students, students who are not well off.
Let me read something: “According to Statistics Canada, bachelor graduates in 2000 with student loans owed, on average, 76% more than their 1990's counterparts after adjusting for inflation. A similar increase in student debt over the same period was found for college graduates.” Also, from the Library of Parliament: “For some observers, rising student debt has become an access issue, especially in terms of students from low-income families.”
I'm not suggesting that this bill is going to cover 100%, but I can sure tell you that we will do a lot better than 32%.