With regard to loans disbursed through the Canada Student Financial Assistance Program, from 2015 to present, broken down by debtors’ racial or ethnic background, gender, and immigration or citizenship status: (a) what is the average total outstanding loan balance; (b) what is the average outstanding loan balance of debtors who completed a graduate degree; (c) what is the average outstanding loan balance owed among debtors who completed a bachelor’s degree; (d) what is the average outstanding loan balance owed by debtors who completed a college or polytechnic diploma; (e) what percentage of student debtors have missed at least one payment of their scheduled repayment plan; (f) what percentage of student debtors have missed at least (i) three months, (ii) six months, of scheduled payments; (g) what percentage of student loans have fallen into a default position; and (h) what is the average time taken by student debtors to repay their loan in full?
In the House of Commons on September 16th, 2024. See this statement in context.