As strong supporters of the Repayment Assistance Plan, CASA has consistently advocated to expand the reach of the program since it was introduced in 2008. In 2016, government increased the income threshold for a single individual to $25,000, while also increasing the income thresholds for larger family sizes. This means that Canadians no longer have to pay back their student loans until they make at least $25,000/year and ensures that post-secondary debt does not significantly hinder one’s ability to pay for basic living costs. See CASA’s press release for more information.
Posted on September 07, 2016