Graduates whom due currency so you’re able to family members or family unit members, or perhaps to a bank or personal line of credit, plus paid back a high ratio of the obligations, in contrast to graduates whom owed cash on a government-paid education loan
While some variations was indeed observed over the about three degrees of data, the latest models show that circumstances-for example having a smaller sized obligations size at graduation, a higher employment income, staying in Ontario, getting element of a few without children, and achieving pupil debt regarding a mortgage otherwise type of borrowing, otherwise that loan out-of household members otherwise family-was in fact most of the regarding the seemingly shorter loans installment after 3 years. Read More
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