VANCOUVER, Feb. 1, 2012 /CNW/ - Students from 24 campuses across BC are
taking part in the Canadian Federation of Students' national day of
action today. The events draw attention to the record high costs of
public post-secondary education and mobilize support for reducing
tuition fees and dropping student debt.
"Students and our families are fed up with government inaction," said
Zach Crispin, Chairperson of the Canadian Federation of
Students-British Columbia. "Post-secondary education should be an
empowering experience and a ladder out of poverty, not a debt
The biggest financial barrier to education only got bigger this year in
BC. Tuition fees have climbed over $4,800 at BC universities, according
to Statistics Canada. For the tenth consecutive year tuition fees in
British Columbia have increased, increasing the cost of a degree by
more than $10,000.
Without a provincial grants program since 2005, average student debt in
British Columbia is nearly $27,000 after a four year program. With
compound interest over a ten-year repayment period, that figure
balloons to $34,000.
"A system of student loans places an unfair burden on low income and
marginalized students by making them pay more for their education. This
underscores the pressing need to reduce tuition fees and restore the BC
grants program," said Crispin.
Events are happening today in the following BC communities:
Last week, the Canadian Centre for Policy Alternatives published a study
showing that post-secondary graduates pay more than the full cost of
their education in taxes after graduation. This means that students and
their families are overcharged for post-secondary education and tuition
fees are unnecessary.
The Canadian Federation of Students-BC is composed of students from 16
post-secondary institutions in BC. Post-secondary students in Canada
have been represented by the Canadian Federation of Students and its
predecessor organizations since 1927.
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SOURCE Canadian Federation of Students - British Columbia
For further information:
Zach Crispin, BC Chairperson at 604-733-1880
Ian Boyko, Research and Communications Officer at 604-733-1880