The need for credit counselling is rising in Newfoundland and Labrador, with much of the increase stemming from student debt, says an organization that provides the service.

'In the past, you wouldn't see a 25-year-old with $40,000 worth of debt.'— Rick Fifield

The non-profit Credit Counselling Service of Newfoundland and Labrador opened an office in Grand Falls-Windsor in the fall and plans to open another on the Burin Peninsula. The organization already has offices in St. John's and Corner Brook.

CCS spokesman Rick Fifield said his organization is not only seeing more people in need of its services — its clientele is increasingly young.

"In the past, you wouldn't see a 25-year-old with $40,000 worth of debt, but it's not a bit unusual now," Fifield said.

"The vast majority of it is associated with their education."

No surprise to student group

Jessica Magalios, who represents the province in the Canadian Federation of Students, said she isn't surprised by the increased debt loads.

Newfoundland and Labrador has some of the highest student debts in the country, she said, attributing it in part to the province's geography.

"We have a large rural population and a lot of students have to spend a lot of money coming in from places outside of St. John's or Corner Brook to go to school," she said.

Magalios has called on the government to take a number of steps to bring student debt under control, including regulating tuition fees and giving out more student grants based on need.