For the second year in a row the federal government is writing off millions in student loans it will never collect, this time to the tune of $178.4 million. The money represents 32,554 loans that federal officials believe they will never be able to collect, either because a debtor may have filed for bankruptcy, the debt itself has passed a
Canada’s Liberal Party Moves To Cancel $178 Million In Unpaid Student Loans
Last year, the government wrote off 33,967 loans totalling $176 million.