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Cullen reacts to student loan NDP announcement

Starting adult life with student debt is not good for the person or country and sucks.

This is according to outgoing Skeena-Bulkley Valley MP Nathan Cullen in response to the NDP announcement Thursday(Sept 5)  on capping all interest on existing and future student loans.

The NDP have been following different models from other countries and states.

Cullen said it doesn’t just make sense economically but also on a humane level.

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“Someone going and getting a college or university degree should not need 20 years of servitude to a bank paying off high-interest rates so, eliminating those and capping those it makes sense,” said Cullen.

According to the NDP in a press release, the Liberal government has taken almost $3 billion dollars from graduates from interest alone.

Cullen also said this will help people get back to school.

“I think folks are sick of seeing sweetheart deals to really wealthy well-connected people who owe taxes or get sweetheart deals from the government but average people just keep getting screwed,” he said.

NDP leader Jagmeet Singh and Davenport candidate Andrew Cash made the announcement at a round table with young people to discuss the different challenges that are faced by new graduates.

Something going on in the Bulkley Valley Lakes District you think people should know about?
Send us a news tip by emailing [email protected].

Lindsay Newman
Lindsay Newman
News Reporter Lindsay joined the MyBulkleyLakesNow news team in 2019. She was born and raised in Cambridge, Ontario where she then moved to Toronto to complete Journalism school at Humber College where she graduated in 2017. Lindsay started her news journey at 680 News- Toronto's largest talk radio station. Lindsay then moved on to 680 News, where she was an audio editor. She has always loved the idea of living in British Columbia since she was a teenager and was excited to make the to move out to Smithers, BC to branch out her journalism skills. In Lindsay's spare time she is usually relaxing with her two cats and in the warmer months going on hikes with her friends and partner.

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