Student Debt: Candace Simms

Government Assistance Dept: TORONTO -- Launching a career can be tricky when saddled with student debt, but borrowing to finance school may be unavoidable for some students -- and for those who don't qualify for government assistance, the added interest costs can be crippling, according to Winnipeg Free Press. "It's terrifying," says the fifth-year student, who plans to continue on to her master's degree and PhD. "It's going to be years before I can buy a house or start a family." Archives Student loans, lines of credit and credit cards can provide short-term help as well as long-term grief. Candace Simms, an English and political science major at Memorial University in St. John's, N.L., says despite working multiple jobs through school, she will have to put off grad school to pay down her $15,000 credit line and $1,000 credit-card debt. (www.immigrantscanada.com). As reported in the news.