Student loans replaced with free grants in N.L.

Student group welcomes elimination of student debt

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ST. JOHN’S, N.L. – A student group in Newfoundland and Labrador is welcoming the elimination of provincial student loans.

Travis Perry of the Canadian Federation of Students says the move is a step in the right direction.

As of August 1st, provincial students loans were replaced with up-front needs-based grants.

Perry says that’s something students have wanted for a long time.

He says removing that debt load from students, even by a small amount, will pay off in the long run.

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