24-09-2018 11:00 via edmontonjournal.com

Alberta post-secondary students accumulating debt at 'alarming rate', says expert

Post-secondary students in Alberta are continuing to accumulate debt at an “alarming rate” thanks in part to cheap lines of credit targeted at students and poor financial literacy, a consumer insolvency expert has warned.
Freida Richer, a licensed insolvency trustee with Grant Thornton Limited, said Friday that social value spenders and impulsive, over-spenders are obviously at greater risk but even students with a modicum of financial intelligence are facing challenges after th
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