A new CIBC poll has revealed that 87 per cent of post-secondary students in Canada are experiencing one or more financial concerns including how tuition and living expenses will be funded next term. 68 per cent of those polled indicate their income would be impacted by the pandemic, compared to 36 per cent of adult Canadians.

With the economic disruption from COVID-19, 35 per cent of post-secondary students said they no longer have a job placement or summer job this year, and 33 per cent have lost income due to a reduction of work hours. As a result:

• 51 per cent worry about being unable to attend school next year
• 73 per cent worry about the impact of COVID-19 on their current finances and 70 per cent worry about their long-term financial situation