Your Debt And You: Together For The Long Haul?

Written by Frankie Barnet

Student debt. Chances are you've heard of it. The average law student in Canada graduates with nearly $72,000¹ in student loans. In Ontario, the number's even higher at $83,000.² 

Numbers that big feel abstract for many people when they first apply for the loan. After so many zeros it doesn't matter how many more there are, you just sign and wait for the future you to handle it. You know, the version of yourself who's, like, accomplished and stuff. They're used to dealing with things like this. And they probably have great hair.

ROME WASN'T PAID FOR IN A DAY

The most common advice you'll find (and have probably heard a thousand times) is simple: you just pay it back. Make small monthly payments over several years while scaling back on things like Starbucks runs, solo-living, or Friday night cocktails. And though you might be scratching your head at the thought of four-dollar coffees somehow adding up to $70,000, it's true that most