CPA EXPLAINS: How to Handle $100,000+ of Student Debt

Don't Pay Off Student Debt Until You Watch This - I’m a CPA and CFA: Here's How I’d Handle $100,000+ of Student Debt Most people assume the responsible thing to do after graduation is simple: Pay off your student debt as fast as possible. But what if that's not always the smartest financial decision? In this video, I break down a real-world example comparing debt repayment versus investing and explain how to think about student debt through the lens of net worth—not just debt balances. Using a $100,000+ student debt example, we'll compare two different strategies over a 15-year period and examine how interest rates, investing returns, opportunity cost, and cash flow can dramatically change the outcome. In this video you'll learn: • When paying off debt aggressively makes sense • When investing may be the better option • How opportunity cost impacts financial decisions • Why net worth matters more than simply becoming debt-free • The difference between good debt and bad debt • How professional student lines of credit work • Canadian student loan interest rules • Federal student loan changes in Canada • Ontario OSAP interest considerations • Student loan tax credits explained We also discuss: Professional student debt Medical school debt Law school debt MBA student debt Dental school debt Pharmacy student debt Investing while in debt TFSA investing RRSP planning Building wealth in Canada Financial independence Lifestyle creep Emergency funds Debt repayment strategies You'll also learn why: ✔ A $5,000 credit card balance may be more urgent than a $120,000 student line of credit ✔ A 0% student loan should be viewed differently than a 20% credit card ✔ Interest rates matter more than loan balances ✔ Building wealth and becoming debt-free are not always the same thing Whether you're a recent graduate, medical resident, lawyer, accountant, MBA graduate, dentist, pharmacist, or any professional carrying student debt, this framework can help you make better decisions with your next dollar. Remember: The goal is not debt-free at all costs. The goal is using every dollar as effectively as possible to build long-term net worth. If you found this video helpful, subscribe for more Canadian personal finance, investing, tax planning, and wealth-building content. 💬 Comment below: Would you prioritize paying off debt or investing first? Chapters: 00:00 – Student Debt Overview 00:19 – Disclaimer 00:25 – The $100,000+ Example 01:02 – Person A vs Person B 01:55 – Risk Reality Check 02:16 – Professional Student Line of Credit 02:42 – Canadian Student Loan Facts 04:12 – Student Loan Strategies 05:35 – Student Debt Categories 05:45 – The Order We Should Follow 08:26 – What Is the Best Use of My Next Dollar? #StudentDebt #PersonalFinance #Investing #CanadianFinance #WealthBuilding #DebtFree #TFSA #RRSP #MoneyManagement #FinancialFreedom