M-75 Implementation of a post-secondary student relief package

That:

(a) the House recognize that,

(i) young people experience a great deal of stress and their mental health is impacted by them taking on huge debt loads to cover their post-secondary education tuition fees,

(ii) the rising cost of post-secondary education and the pandemic have worsened the impact on the mental health of post-secondary students,

(iii) on average a Canadian student will leave their post-secondary educational institution with $27,000 of debt, and that this debt delays young peoples’ ability to start a family, purchase a home and start the rest of their lives; and

(b) in the opinion of the House, the government should work in collaboration with the provinces and territories to,

(i) establish, develop, and implement a student relief package,

(ii) create short and long-term 50:50 post-secondary education grant matching programs,

(iii) create federal student debt elimination strategies that eliminate student debt at $10,000 per student, $20,000 per student, and $30,000 per student,

(iv) establish annual program values to ensure investments into post-secondary education are adjusted to inflation, enrollment growth, and institutional costs.