OTTAWA, Aug. 7 /CNW Telbec/ - Hammered by job losses, students continue
to be among the hardest hit by the recession. According to a Statistics Canada
report released earlier today, the unemployment rate for students aged 15-24
rose to 21% this July, breaking all previous records.
"Students who have been unable to find work this summer will be forced to
take on more debt and may be unable to afford to return to school this fall,"
said Katherine Giroux-Bougard, National Chairperson of the Canadian Federation
of Students. "Summer jobs are not a luxury; they pay the bills."
152,000 fewer students were able to find work in July 2009 compared to
one year earlier.
Tuition fees have grown to become the single largest expense for most
university and college students with average domestic tuition fees of almost
$5,000 per year. Students in six provinces will face tuition fee increases of
between two and eight percent this coming year.
"Despite the recession and a dismal job market, the federal government
has failed to increase funding for student financial aid and take action to
reduce tuition fees," said Giroux-Bougard. "By not moving to reduce students
debt the government has ignored an essential part of economic recovery."
Founded in 1981, the Canadian Federation of Students is Canada's largest
student organisation, uniting more that one-half million students from ten
For further information:
For further information: Katherine Giroux-Bougard, National Chairperson,
(613) 232-7394; Noah Stewart, National Deputy Chairperson, (613) 232-7394