Nearly half of postsecondary students were feeling uncertain about their ability to cover their expenses this fall, according to a new poll by CIBC. The poll of 500 postsecondary students aged 18-25 from across Canada revealed that while many students were planning to work and take out student loans, nearly half felt too financially dependent on their parents. To manage their budgets, students reported using four key strategies: cutting spending, reducing discretionary spending, lowering living costs, and reducing education costs. Students also said they believed that postsecondary institutions have an obligation to educate students in financial matters, with 67% believing that their institution should offer personal finance courses.
