University tuition fees still rising in every Canadian province

by camille.hebert on September 11, 2013 - 6:08pm

After the students strike in spring 2012, we thought the fight around university tuition fees was over. It looks like those fees will still have to follow the inflation happening in our economy.

Between 1990 and 2016, the average cost of a university degree will have tripled in Canada. The fees, adjusted to inflation, were at 2,243$ in 1990 and will be at 6,842$ in 2016. Governments are taking in concern the issue about student debts, but didn’t decide to lower the fees. Instead, they are turning to loans and bursaries to help students. It is estimated that a four year degree can cost up to 80,000$, including tuition fees, lodging, books and transportation. Some parents have to postpone their retirement date or take additional debt to allow their children to finish their education. Statistic Canada demonstrate that the average university student end up with a 37,000$ debt at the end of his degree. The Canadians Federation of Students thinks that eliminating the interests on student loans is not a good idea and we would need measures spreading to all the student population like a reduction or a freeze of tuition fees across Canada.

I think that the Parti Québecois took a great initiative by indexing tuition fees to the inflation, but those are already too high. The loans and bursaries program is good to help the students that are the most in need, but it doesn’t affect the major part of students. Governments have to find a new way to finance universities because students have too much weight on their shoulders. Even with a part time job, it is impossible to cover the 80,000$ costs.

http://www.cbc.ca/news/business/story/2013/09/11/university-tuition-fees-canada-.html

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