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Table 6 Average total assets, debts and net worth

  Total assets Total debts Net worth
Estimated coefficient ($)
Student loans with postsecondary education (ref.) 60,700 43,300 17,500
No student loans with postsecondary education 106,300* 44,400 61,900*
No student loans without postsecondary education 52,000 24,000* 28,000
Student Loans without postsecondary education 36,000 38,800 -2,700*
* significantly different from the reference group (ref.) at the 0.05 level.
Note: Sample size is 533 observations representing over 1.8 million weighted counts. Total assets, debts, and net worth are related to the family unit where the major income earner in the family was between the ages of 20 and 29 in 2005.
Source: Statistics Canada, Survey of Financial Security, 2005.