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Debt Sentence
- How Canada's Student Loan System Is Failing Young People and the Country
- Narrated by: Kendra Christie
- Length: 6 hrs and 36 mins
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Debt Sentence
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Summary
This audiobook exposes the exploitation and entrapment in Canada’s student loan system: a system that cripples or destroys the careers, health, and hopes of thousands, while lining the pockets of banks, collection agencies, and bureaucrats. It's a system where students are driven to abandon school for minimum-wage work, prostitution, or gambling to pay debts. Some have committed suicide to escape unrealistic payment schedules and conditions.
This system harms not only students, but society. Graduates flee Canada with their knowledge and expertise to avoid bill collectors, “brain-draining” the economy. Perhaps, most alarming is the creation of a two-tiered education system favoring the wealthy and excluding the rest.
This critique combines historical analysis, contemporary information, and students’ personal accounts to show how the system fails society and sentences Canada’s youth to a lifetime of debt. Most of what it shows to be true for Canada is also true in the US and the UK.