OTTAWA, Feb. 7, 2014 /CNW/ - Students will be available to comment on
the 2014 Federal Budget immediately following its release on Tuesday,
February 11. During pre-budget consultations, the Canadian Federation
of Students recommended restoring federal funding for post-secondary
education to 1992 levels, redirecting funding from education tax
credits and savings schemes into upfront grants, reducing existing
student debt, and strengthening financial support for Aboriginal
National student debt has surpassed $15 billion and is expected to
surpass $19 billion before the end of next year.
Tuition fees in Canada range from $2,649 (Newfoundland and Labrador) to
$7,180 (Ontario) and have increased at five times the rate of inflation
since the mid 1990s.
More than 205,000 Canadians were unable to make any payments on their
student loans in 2013, an increase of 10 percent over 2012.
More than 20,000 First Nations students are currently on a waiting list
to receive funding to pursue post-secondary education. Annual funding
increases have been capped at 2 percent since 1996.
Canadian Federation of Students responds to 2014 Federal Budget
Tuesday, February 11, 2014
Parliament Hill, Centre Block
Adam Awad, Media Relations: 613-979-6622
The Canadian Federation of Students is Canada's largest student
organisation, uniting more than one-half million students in all ten
provinces. The Federation and its predecessor organisations have
represented students in Canada since 1927.
SOURCE: Canadian Federation of Students
For further information:
Jessica McCormick, National Chairperson, 613-816-7486 (cell)
Adam Awad, Media Relations, 613-979-6622 (cell)