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A student holding money and books. (Photos.com/Getty Images)
A student holding money and books. (Photos.com/Getty Images)

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Students, are your summer job earnings going to cut it? Add to ...

For college and university students, it's halfway through summer break -- a time when many students need to make enough money to cover their costs for the upcoming school year.

A Statistics Canada report for May showed the employment rate for students aged 20 to 24 was 58.9 per cent, with unemployment at 14.9 per cent. While that's below the 18.2-per-cent student unemployment rate of May 2009, it still leaves a lot of students scrambling to find work.

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The report does not consider how much those with jobs are earning, or whether that will be enough to pay for their education expenses. That's where you, our student readers, come in.

According to CanLearn, full-time students paid $14,500 on average to cover a year of post-secondary expenses in 2003-2004, which adds up to about $58,000 for a four-year program.

With those numbers in mind, The Globe and Mail would like to know how students are faring financially. In the form below, please tell us how your summer job search has gone, and whether you expect to earn enough to pay for school. Then send a picture of yourself to businesscommunity@globeandmail.com, and we'll publish the best comments and photos.

 

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