US EditionForming Good Financial Habits as a Student Can Keep Debt From Spiralling
More than two-thirds of Canadian students expect to graduate with debt as living costs average $28,732 annually, experts advise building financial habits early to manage expenses.
- On Aug. 12, 2025, The Canadian Press reported that a Canadian Alliance of Student Associations survey shows more than two-thirds of post-secondary students expect to graduate with debt.
- With newfound freedom, many young adults starting post-secondary education this fall face increased costs for tuition, books and meals while avoiding debt spirals.
- Experts advise, `This is the time in your life in which you formulate habits` and post-secondary students should develop a sustainable financial plan, Sellery said.
- He cautioned that `This is the time in your life in which you formulate habits`, emphasizing students should develop responsible spending principles.
- Looking ahead, Bruce Sellery recommended setting up a financial plan, emphasizing the importance of borrowing only what's needed because `The more that gets lent to you, the more you have to pay back`.
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24 Articles
24 Articles
Coverage Details
Total News Sources24
Leaning Left13Leaning Right1Center0Last UpdatedBias Distribution93% Left
Bias Distribution
- 93% of the sources lean Left
93% Left
L 93%
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