Despite an improving yet still soft job market for students, 70 per cent of Canadian post-secondary students say they have found summer jobs, according to the new BMO Student Summer Survey results released this week. That’s good news considering almost half of them will rely on summer earnings to pay for post-secondary education (48 per cent) or cover day-to-day school-year expenses (61 per cent).
Post-secondary students across Canada say government loans and grants (66 per cent), parental support (56 per cent) and summer job income (47 per cent) are the three top sources of funding for their post-secondary education. Despite drawing on multiple sources to fund these costs, 66 per cent expect to have some debt when they graduate.
However, according to the study, conducted by Leger Marketing, students are most likely to think they will have under $10,000 (32 per cent) in school debt or no debt at all (27 per cent), and 63 per cent think they'll be able to pay off their debt within five years.
Wednesday, 29 June, 2011
70% of students have summer jobs: BMO survey
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