UofT Bookstore Now Accepts Klarna

In an effort to make UofT more financially accessible, the UofT bookstore has announced a partnership with Klarna as a payment option for course materials. This will allow students to amortize the cost of their $200 psychology textbook, written by their own professor, over the school year in eight interest-heavy installments.

Citing the rising cost of living in the GTA and on the heels of severe OSAP cuts, the bookstore says the partnership reflects its ongoing commitment to "making sure students meet the exact financial requirements we set out for them," ensuring inequitable access for most.

Speaking to a spokesperson for the bookstore, The Boundary learned that the bookstore “aim[s] to improve students’ purchasing power, not by reducing the cost of the materials, but simply via better financing options.” The partnership with Klarna will allow for uninterrupted exploitation of students for publisher profits, ensuring that the money will continue to trickle down as it currently does.

The University also began exploring other financial accessibility options, including indentured servitude. Unfortunately for the students, the “Canadian Charter of Rights and Freedoms” — “whatever that may be,” shrugged the spokesperson — prevented this from being pursued further. 

The University, in collaboration with the UTSU, planned to expand the Klarna partnership to tuition payments, even going so far as to hire soon-to-be mob hitmen to break the kneecaps of students who miss payments. This alternative is slated to be released for incoming 3T1 students.