VICTORIA, Feb. 15 /CNW/ - Today's budget shows that post-secondary education funding in British
Columbia will stagnate in 2011 and no relief is forthcoming for
students and their families from increasing tuition fees. The budget
also shows that BC's student financial assistance budget has shrunk by
nearly 20% since 2009.
"In a time of high unemployment, one of the most important investments a
government can make is in higher education and training," said Nimmi
Takkar, Chairperson of the Canadian Federation of Students-British
Columbia. "Slowly starving post-secondary institutions and drowning
students in debt will hamper the province's economic strength and
In a poll commissioned in 2010 by the Canadian Association of University
Teachers and the Canadian Federation of Students, 85% of British
Columbians expressed support for reducing tuition fees. "British
Columbians are overwhelmingly opposed to short-changing our
universities and colleges and plunging BC's students further into
debt," said Takkar.
"Students are looking for the leadership candidates to come out with a
strong vision for an affordable post-secondary education system.
Students and their families can't afford the status quo."
At $27,000, average student debt in the province is highest in Canada
outside the Maritimes. Students in BC pay the highest interest rate on
student loans in Canada. The CFS-BC is calling on the Government of
British Columbia to follow Newfoundland's lead and eliminate the
interest charged on student loans.
The Canadian Federation of Students-British Columbia is BC's provincial
student organisation, representing 150,000 university and college
students in the province. The CFS-BC represents members of 17
university and college students' unions throughout BC.
SOURCE Canadian Federation of Students - British Columbia
For further information:
Nimmi Takkar, Chairperson: 778.846.5424