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Category: Funding and Finances

Rationing Loans

While student loans are cheaper (and hence more commonly used) than grants, they still cost money, both in terms of interest subsidies and in terms of loan losses through loan defaults.  As a result, nowhere are they unlimited in scope.  Every government finds ways to ration loans.  Today, I thought I’d go through some of the ways governments do that and – in passing – help everyone understand in what ways North American loan systems are generous in comparison with

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February 8, 2019 1 Comment

That Ontario Ancillary Fee Policy in Full

Last week, in the wake of the OSAP/Tuition announcements, I suggested that while most of the initial focus was on the changes to tuition fees and student aid, perhaps the more significant move was the announcement that many ancillary fees – specifically including student unions fees – were no longer to be mandatory and students had to be given the right to opt-out. But what does this mean, exactly?  It’s worth going through the details here because the statement is

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January 22, 2019 1 Comment

That Ontario Tuition/OSAP Announcement

OK, so the Ontario government rolled out its tuition/OSAP announcement and it’s big enough I should probably cover it, so apologies if you were looking forward to the second part about millennials – I’ll pick that up next week. The Government backgrounder is here, but in brief here’s what was announced: 1)      As widely leaked earlier this week, universities and colleges have been told to reduce tuition by 10% in every program for which they receive public subsidies.  This does not apply

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January 18, 2019 7 Comments

Ontario: Best-case/Worst-case Scenarios

You may have heard that there is a Conservative government in Ontario.  You may also have heard that it is, shall we say, keen on reducing government expenditures.  Further, you are aware that a provincial budget is traditionally delivered sometime between February and May.  So, naturally, you are asking yourself: what might the new government’s budget mean for post-secondary education?  What are the best-case and worst-case scenarios? I can’t claim much here in the way of inside information.  There are

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January 15, 2019 No Comments

College Finance Data, 2016-17

A few months ago, I promised you all an update on college finances when Statscan finally got around to updating its FINCOL tables.  Well, that day is here. Unlike universities, which have seen their budgets grow in real terms by about 25% over the last decade, growth in college budgets has been a lot slower – only about 14% – and nearly all that growth has come from student fees, since government support has been essentially flat.  In total, college

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January 14, 2019 No Comments

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One Thought to Start Your Day is our founder and CEO Alex Usher’s popular daily blog, brimming with up-to-the-minute insights and informed opinions on today’s higher education industry.

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