BC Liberal leader says people could get 'carried away' with interest-free student loans

Mar 5 2019, 12:14 am

Less than a week after BC Liberal Leader Andrew Wilkinson called renting “a wacky time”  and a “fun part of growing up,” a new recording has surfaced of Wilkinson appearing to object to the BC NDP government’s decision to eliminate the interest from all BC student loans.

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“I think we have to be a little bit concerned that any loan that carries no interest encourages people to go into a lot of debt,” he said. “And students may get carried away with debt.”

He recalled that when he was the minister “responsible for the universities and colleges,” he came across students “who had run up $80,000 in debt and they had no way to get out of it.”

The concern with interest-free loans, he furthered is “why wouldn’t you just go and borrow as much as you possibly can? And then why would you ever pay it back?”

renting

BC Liberal Party Leader Andrew Wilkinson at Daily Hive. (Clement Louineau/Colony Digital)

Wilkinson’s comments were sourced to an appearance on Red FM which aired on February 20, and the clip was tweeted by NDP MLA Ravi Kahlon on Monday.

The Liberal leader’s take on student loans drew ire from others on Twitter, including members of the NDP.