Tuition Increase Essay - 835 Words

It is widely accepted that the future prosperity of Canada rests on having a well-educated workforce. Yet, the cost to students of post-secondary education has risen rapidly over the last few years as government funding has dropped dramatically. Since the early 1980s, public funding of post-secondary education in Canada has gone down by 30 percent. In addition, across Canada, about 1.1 million full-time students were enrolled in post-secondary institutions in 2001, but thousands have been turned away because of lack of space or they have not applied for admission because the cost of tuition is too high for them. Ontario has the second-highest tuition fees in the country. On average, tuition fees can cost an undergraduate student close†¦show more content†¦This does not mean that families are paying more for education, but it does mean that they are sacrificing other expenses in order to meet the cost of an education. The government is attempting to deflect anger over tuition increases by pointing to changes in student aid. But the fact is the tuition fee increase over the next four years will effectively wipe out more than the student financial assistance investment to be phased in over the same period. In fact, for every dollar invested in student aid more than a dollar will be clawed back through tuition fee increases. In effect, students are borrowing to finance their own student aid program. A post-secondary education is now out of reach for poorer Canadians. Those who can get to college and university often end up with debts on graduation, which can range anywhere from $30,000 for a four-year undergraduate program to $60,000 for those doing graduate studies. Professional faculties can lead to much higher debts: annual tuition at the University of Torontos medical school, for example, was more than $16,000 by 2003, and half of Canadas 16 medical schools were charging more than $10,000 a year. It can all add up to a six-figure bill after graduation - one observer suggested its one reason why doctors are opting for specialties rather than family medicine because the pay for the former is much higher. Its been estimated that by 2020, aShow MoreRelatedShould University Increase Tuition Fee?1314 Words   |  6 Pages Should university or college increase tuition fee? Should the university increase tuition fee? Currently, a debate about whether universities and colleges should increase their tuition fees has drawn a lot of attention and discussion among both the students and the faculty. According to the article, â€Å"The Struggle for Public Education in California: Coming Due: Accounting for Debt, Counting on Crisis,† the author stateï ¼Å' â€Å"Low income students have on average $2,000 more in debt than others. DuringRead MoreThe Tuition Increase Affected Enrollment Rate1473 Words   |  6 Pagesof Ursinus College, raised its tuition from $19,331 to $23,460. This turned out to be a 17.6% increase. Surprisingly, the tuition increase proved to be a positive change for Ursinus College. The college received more than 200 applicants than its previous year (Brickley, Smith and Zimmerman, 2009, p. 110). Other regional institutions such as University of Notre Dame, Bryn Mawr College and Rice University also experienced a similar trend once t hey increased their tuition rates (Brickley, Smith and ZimmermanRead MoreTuition Increases at University of Pennsylvania962 Words   |  4 PagesIn 1914, the tuition cost to go to the University of Pennsylvania at the Wharton School estimated at about $150 with a general fee of $10. This does not include other expenses such as room and board- which estimated to $180 and textbooks- estimated to $10. It is now 2014, one century later, and the tuition cost to go the exact university and school is $40,594, general fee of $3,772, technology fee of $716, and a recreation fee of $324. Once more, this does not include the expenses of residence hallsRead MoreThe Increase College Tuition Rates936 Words   |  4 Pagesas Cameroon faces an uphill battle to earn a college degree due to high tuition, poor transportation low technology and inflexible college schedules. The increase college tuition rates in Cameroon, have caused many parents to consider sending their children especially the male child to technical schools, rather than a four year college. Due to the unsupportive nature of the government towards college education, the tuition cost rest entirely on the family’s income. This has made earning a collegeRead MoreThe Relationship Between Federal Financial Aid And Tuition Increase2128 Words   |  9 Pagestax credits program and tuition deductions. According to the â€Å"Trends in Financial Aid 2014†, in 2013-14 there were 238.3 billion available to financially support undergraduate and graduate students’ education. The financial support makes people believe that the support for American college students is as remarkable as the American higher education’s academic reputation. However, the most frequently discussed higher education policy issue is always cost. The skyrocketing tuition, huge student debt andRead MoreEssay On Financial Aid In Education979 Words   |  4 Pages the increase in the need for financial aid shows that financial instability is spreading which will negatively affect the economy in the long run. Thus, spending over 120 billion dollars on the policy that promotes economic downfall seems unreasonable as well as putting students under more financial pressure by providing them loans they will struggle to repay. So, the new education policy would allow more student to persuade their degree and secure their future as well as allow to increase spendingRead MoreDana-Hall Case Study Essay1035 Words   |  5 Pagesall-girl schools have either moved to admit boys or merged with better-funded boys schools to avoid bankruptcy. On top of these constraints, and in direct relation, Dana-Hall is also encountering financial challenges to the extent that the current tuition revenues are not sufficient to cover operating expenses. Alternative sources of revenue to make ends meet incl ude: annual giving, investment income, rental of property, property sales and the introduction of a sixth-grade program. Cutting expensesRead MoreStress is Necessary Essay615 Words   |  3 Pagescontrol stress on students, we need to know and understand the causes of stress off course there are many causes of stress and they are varied as people as they suffer from stress. One of the biggest causes for collage student is the tuition fee and the expresses of the classes and the textbooks. The students will be concern if they can afford to pay for school. Or if they have to find sours of income like looking for a job or apply for a loan. This maybe stressful for anyRead MoreShould the U.S. Government Limit Tuition Increases at Colleges and Universities?2028 Words   |  9 PagesShould the U.S. government limit tuition increases at colleges and universities? Marleen Clapp, a doctorate holder in higher education administration from Boston believes â€Å"In many aspects, a four-year college degree has essentially replaced the high school diploma as the necessary preparation for a career in the modern information economy. Higher-order skills, including critical- and creative-thinking abilities, are often required to compete globally† (Driscoll, Clapp). In this day in age, aRead MoreA Study On The Education System1326 Words   |  6 Pageswho actually need the help. Furthermore, summer is the time of season where college students get two full-time jobs to help pay off tuition for the near future. With these mandatory Early Start programs we are being held back in paying the tuition, all for a label that says ‘ready’ on our forehead. At the end of the day, students and parents are who pay the tuition, housing, books etc., shouldn t we be entitled to decide on what classes to take? or when we are ready for college? Others may mention