The province projects a $535 million increase in net debt this year alone.
Provinces PISA scores in all three subjects are below the national average.
New Brunswick's debt load will climb to an estimated 115 per cent of GDP over the next 25 years.
In the last 37 fiscal years, the province has only posted seven budget surpluses.
The province is expected to run a $192 million deficit in 2017-18.
In the case of the Atlantic provinces, all four have unemployment well above the 6.8 per cent national average, with Newfoundland's at 12 per cent and P.E.I.'s at 11 per cent.