Description: An opinion piece in the Globe and Mail this past week offered that cutting student debt may be an excellent policy alternative for generating entrepreneurship in Canada. Over the past few decades, government support for higher education has declined. Combine this with higher tuition and it means students are graduating with higher debt loads. It’s difficult to start a business after graduation if you’re burdened with student debt.
Date: November 4, 2020
Source: theglobeandmail.com
Discussion points:
1) Are you going to be carrying a student loan when you graduate? How will it impact your decisions?
2) What do you think? Will addressing student debt promote entrepreneurship and economic growth?
3) The story of True Buch Kombucha featured in the opening of Chapter Three in Wiley’s Financial Accounting: Tools for Business Decision-Making discusses the entrepreneurial adventures of Conrad and Louisa Ferrel. What is one important lesson future entrepreneurs can learn from these experiences?