Describe your Debt Load! - New to the forum

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New to the forum

Printed From: CanadaStudentDebt.ca
Category: Other Topics
Forum Name: Describe your Debt Load!
Forum Description: Post stories of your debt and how it affects you and your family
URL: https://www.canadastudentdebt.ca/forum_posts.asp?TID=3399
Printed Date: 26/March/2026 at 10:30pm
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Topic: New to the forum

Posted By: nouseforaname
Subject: New to the forum
Date Posted: 16/March/2006 at 6:57am

Hey everyone, been reading the topics on this forum, great to know there's other people out there coming to terms with their student debt!

I finished my B.Sc in Health Sciences, then my M.Sc. in Population Epidemiology - over 7 years and three universities (Waterloo, Brock, Western). The total bill is about $54000 in OSAP loans and another 4-5K in a CIBC line of credit.

Now I'm just about to make my first payment on my loans Mar 31st ... I went right into a job that paid decently right after. Guess it works out to 4 different loan payments totalling about $750 / month. I'm hoping the process goes OK ... I live/work in Toronto, so it can get pretty expensive living here. Hopefully I can fit the payment into my budget without too many problems.

Anyways, I'm hoping to get some good tips and advice here on managing my loans and getting rid of these SOBs as quickly as possible! :D