I am the first from a low income family to go and graduate college. I graduated in 2013 and have yet to find a job in my field. I currently owe over $25,000 to OSAP. My regular payments are $300 a month of which $110 is interest accumulated for the month. So I'm only actually making a payment of $188 a monthly to my loan balance. At this rate I feel like I'll have an OSAP debt until I'm like in my 60s! I don't think my loans should be erased, although that would be awesome, but I do think that I shouldn't be penalized by having to pay Insane interest rates just because applying for OSAP was the only way that I would get a post secondary education. Post secondary education is essentially forced on anyone who doesn't want to wind up in a minimum wage job for the rest of their lives. It's not fair that students suffer in debt for YEARS while the government makes money off of us. Reducing/eliminating the interest on OSAP loans would give students a light at the end of the tunnel and I bet you would see less loans defaulting in the long run.