OTTAWA, Feb. 12, 2014 /CNW/ - Despite better than expected revenue
projections, the federal budget does little to make post-secondary
education affordable during a time of record student debt. Nor does it
make any real strides in addressing the growing national crisis of
"This budget continues the federal government's pattern of downloading
the cost of post-secondary education onto students and their families,"
said Jenelle Davies, Chairperson of the Canadian Federation of
Students-BC. "Students from low- and middle-income families will
continue to be squeezed out of our colleges and universities, ending up
unemployed like so many of their generation."
The federal budget proposed no spending to alleviate the over $15
billion student debt carried by Canadian families, despite widespread
public concern about steadily declining affordability of post-secondary
education. With 384,000 young Canadians aged 20-29 unemployed in
January 2014, high student debt levels exacerbate an already precarious
situation for young Canadians.
As the federal government launches it's Budget 2014, the BC government
is in preparation's for a Tuesday launch of BC Budget 2014. Students
have been disappointed with consecutive past BC budgets.
"Student debt and youth unemployment are symptoms of policy failures at
the provincial level that are compounded by lacking federal funding,"
said Davies. "This federal Budget 2014 makes it even harder for BC
legislators to reverse skyrocketing student debt in BC."
The Canadian Federation of Students-British Columbia is composed of
post-secondary students from 15 universities and colleges in every
region in BC. The Federation and its predecessor organisations have
represented students in Canada since 1927.
SOURCE: Canadian Federation of Students - British Columbia
For further information:
Jenelle Davies, Chairperson (604) 733-1880
Zachary Crispin, spokesperson (604) 355-5014