Quote:
Originally Posted by troutman
At least we don`t have crippling student loans like young professionals in the US.
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Absolutely, that is a really big advantage for Canadians. I payed less than 10K for my 4 years of undergrad tuition....and then payed 30k/per year for grad school in the US. And I'm pretty luck. I know more than a few people around my age (late 20's/early 30's) who have over 100k in school loans to pay off. That's pretty crippling stuff, especially since most of them are not in high-earning categories of employment.
And that's just college. Depending on where you are, private school is often the only option if you don't want your kids going to Ghetto Elementary. A friend of mine is paying 15k a year to send his kid to a PRE-SCHOOL. Imagine doing that a year for 18+ years...per child.
Some pretty hefty bills there. All before you even count health insurance.