The “All About You” feature in this chapter helped you understand the importance of knowing the cost of your education and planning for the amount of debt you are willing to take on. The Investor Education Fund website provides you with information about the cost of your university education. Go to the Fund site, at www.GetSmarterAboutMoney. ca, choose “Tools & Calculators,” click on “Calculators,” and then follow the links to the University Cost Calculator.

Instructions
(a) Consider all of the expenses that you have had to incur since you started your university education. How do they compare with the costs that are identifi ed in the calculator?
(b) How are you funding your education? How much money do you owe in comparison with the costs that you have incurred? What are the costs that you have left to incur? How are you going to fund what is left of your education?