This is a page from the 2023 Prince Edward Island general election.
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Education  /  Affordability

Student loans platforms

Here's what the 2023 PEI election parties are promising.
We don't have any PC policies on Student loans.

Green

  • Set the PEI Student Loan zero-payment threshold to $40K gross income, indexed to inflation, and higher for families

    "Set the zero-payment threshold for PEI Student Loans to $40,000 gross income, indexed to inflation and with upward adjustments for family size. This would bring PEI in line with every other Atlantic province and make sure Island graduates do not have to repay loans if their annual income is below $40,000." — peigreens.ca backgrounder, 2023-03-09

  • Cover student loan repayments for 2023-24

    "Cover student loan repayments for the 2023-24 year to support recent graduates in this period of high inflation and economic uncertainty." — peigreens.ca backgrounder, 2023-03-09

  • Increase debt reduction grants for students who stay in PEI after graduation

    "Review debt forgiveness programs to support more students who choose to work on PEI after graduation.

    ○ Increase debt reduction grants." — peigreens.ca backgrounder, 2023-03-09

  • Consider providing debt reduction to students from elsewhere who come to work in PEI

    "Explore the possibility of expanding debt reduction programs to include students from other provinces and international students as incentive to stay and work on PEI." — peigreens.ca backgrounder, 2023-03-09

We don't have any Liberal policies on Student loans.

NDP

  • Convert government loans to grants

    "Giving young people a chance by converting government loans to grants, so students aren’t graduating with massive debts." — NDP Platform 2023, 2023-03-09

  • Retroactively remove interest on provincial student loans

Looking for the parties' positions on other topics?

See our full 2023 PEI election platform comparison