Legislative Finance Committee supports students' call for a provincial
grants program and reductions to student loan interest rates
VICTORIA, Nov. 21, 2013 /CNW/ - After several months of deliberation,
hundreds of written submissions and public hearings held in more than
15 communities across BC, the BC Legislature's Select Standing
Committee on Finance and Government Services released its 2014 report
last week. Among its recommendations, the Committee called on
government to take decisive action on student debt.
"The Committee sees a need to improve post-secondary accessibility," the
report concluded. To this end, the Committee recommended that the BC
Government create a provincial system of grants, investigate ways to
reduce interest on student loans, and enhance funding for adult basic
"This is a huge victory for post-secondary students in BC," said Katie
Marocchi, Chairperson of the Canadian Federation of Students-British
Columbia (CFS-BC). "These recommendations are a direct result of our
members taking a unified message to committee hearings across the
province, and it is now up to the government to take swift and decisive
action to reverse educated related debt."
The Committee's recommendations on post-secondary education included
five of the six proposals in the CFS-BC's submission to the pre-budget
hearings. The Committee also heard from several students and educators
across the province about the need for urgent action to reduce BC's
high tuition fees and increase core funding.
"While the primary cause of student debt -tuition fees—is not addressed
in the recommendations, the Committee's 2014 report is an important
first step to making post-secondary education more affordable to all
British Columbians," said Marocchi.
The Canadian Federation of Students-BC is composed of students from 15
post-secondary institutions across every region of BC. Post-secondary
students in Canada have been represented by the Canadian Federation of
Students and its predecessor organizations since 1927.
SOURCE: Canadian Federation of Students - British Columbia
For further information:
Katie Marocchi, Chairperson (604) 358-4732
Zachary Crispin, Spokesperson (604) 355-5014