Canadian Federation of Students

Canadian Federation of Students

January 17, 2006 15:30 ET

Harper Reverses Course on Regressive Student Loan Scheme

Attention: Education Editor, Government/Political Affairs Editor OTTAWA--(CCNMatthews - Jan. 17, 2006) - Under pressure from the Canadian Federation of Students, the Conservative Party campaign has dropped its support for income contingent repayment student loan schemes.

"The whole point of income contingent repayment is to make students and their families pay even more for post-secondary education through massive tuition fee increases," said George Soule, National Chairperson of the Canadian Federation of Students. "Students are relieved to hear that the Conservative Party is now promising to steer clear of these student loan schemes if they form government."

The Conservative Party initially earned an "F" on the Canadian Federation of Students' report card for supporting income contingent repayment student loan schemes. More recently, Conservative Party representatives have clarified in writing that ICR is off the table in the event of a Conservative government. The Conservative grade has subsequently been improved to a "C-".

"The most effective way to improve access to post-secondary education and reduce student debt is to reduce tuition fees and implement a national system of needs-based grants," said Soule.

The Canadian Federation of Students is Canada's largest student organisation. It is comprised of over 80 university and college students' unions with a combined membership of over one-half million students.

Contact Information

  • George Soule, National Chairperson
    Primary Phone: 613-232-7394 ext. 21
    Secondary Phone: 613-261-5697