OTTAWA, Sept. 11, 2014 /CNW/ - This fall, tuition and related fees
increased at public universities and colleges everywhere in Canada,
except Newfoundland and Labrador, according to a report released by
Statistics Canada today.
"Students and their families need protection from fee increases that
leave them saddled with heavy debt loads," said Jessica McCormick,
National Chairperson of the Canadian Federation of Students. "The
absence of a national vision for post-secondary education has left
Canada with a patchwork of different policies and huge variations in
fees from province to province. This is no way to deliver higher
education in the 21st century."
According to the report, tuition fee rates increased by 3.3% on average
to $5,959. Tuition fees are currently the single largest expense for
most college and university students and are increasing more rapidly
than any other cost faced by students and far faster than inflation.
While tuition fees vary widely from province to province, in every
province except Newfoundland and Labrador students will take on more
educated-related debt than any previous year to cover the cost of
rising tuition fees.
"The debt loads carried by this generation of students are a drag on the
economy," said McCormick. "Students graduating with large debt delay
buying homes, starting families, and making investments, undermining
Canada's economic prosperity."
A report released today by the Canadian Centre for Policy Alternatives
projects that tuition fees will rise almost 13% over the next four
years. By 2017-18 tuition fees in Ontario are projected to increase to
an estimated $9,483 while Newfoundland and Labrador will remain the
province with the lowest tuition fees, rising to an estimated $2,888.
The Canadian Federation of Students has been calling on the federal
government to establish guidelines for funds transferred to the
provinces for post-secondary education, ensure accountability, and
create national standards for the quality and accessibility of
universities and colleges across the country.
The Canadian Federation of Students is Canada's largest student
organisation. It is composed of over 75 university and college
students' associations with a combined membership of over one half
million students in all ten provinces.
SOURCE: Canadian Federation of Students
For further information:
Jessica McCormick, National Chairperson at 613-232-7394