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'Surviving just by the skin of my teeth': Students face high inflation for first time

'Surviving just by the skin of my teeth': Students face high inflation for first time

BNN Bloomberg
Wednesday, July 20, 2022 04:05:28 PM UTC

In June, students were burdened with an 8.1 per cent inflation level -- the highest its been since 1983 -- and an economy hampered by COVID-19, labour shortages, supply chain challenges and recession predictions.

There's the laundry that didn't get done for two weeks because detergent was too expensive, the plants waiting for fertilizer to fit into the budget and the smaller oven that can't hold baking sheets -- a trade-off that came with the cheaper but smaller apartment an hour from school and work that Facknitz moved to after their last landlord wanted to sell.

"I haven't bought makeup in awhile. I collect (plushie) Squishmallows but I haven't gone to London Drugs and bought a Squishmallow for the heck of it. I'm not buying takeout because I can't afford it," said Facknitz, a graduate student at the University of British Columbia, who works in communications.

"I'm managing and surviving just by the skin of my teeth, despite getting a really really good job that pays really well."

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