Liberals would forgive debt for volunteer work

Liberal leader Michael Ignatieff announced his party would forgive $1,500 in student debt for graduates who volunteer for at least 150 hours at home or abroad. The campaign pledge forms part of the Liberals plan to create a Canada Service Corps. To promote volunteerism the Liberals say they would spend $180 million over four years to create up to 26,000 volunteer positions annually. Eligibility for debt forgiveness would be contingent on students completing their studies.