Category: Funding and Finances

Improving the Post-Secondary Student Support Program (PSSSP)

While out in Saskatchewan recently, I heard an interesting rumour to the effect that INAC was investigating the possibility that substantial sums of PSSSP money – that is, money paid to individual First Nations for use by their members for post-secondary education – was either going unused or being used for purposes other than post-secondary education. Assuming this is true, one shouldn’t jump to the conclusion that fraud is at work (though obviously that’s possible). It’s not unheard of for

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Shifting Away from Need-Based Aid in Alberta

Last month, the Government of Alberta announced some fairly radical changes to its student financial aid program, to wit: – The province will no longer count student income, RRSPs and, crucially, parental income in the calculation of revenue. Instead, all students will be expected to make a $1,500 contribution to their education, except for single parents, who will be exempt. – The province is introducing completion grants, as the Herald explains: “$1,000 for a technical certificate, $1,500 for a diploma

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The Economics of Non-Traditional Degree Programs

There was an interesting report out of the U.K.’s University and College Union (roughly the equivalent of our CAUT) last week, describing how the number of English degree programs (which, confusingly for us, are called “courses” over there) has fallen by a quarter in the last six years. The back-and-forth in the media between talking heads on this story was quite amusing, with a leftish union rallying around the banner of “choice” and a right-wing government claiming that the raw

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The Drummond Report

If you’re from Ontario, you’ll have had yesterday penciled into your calendars, like a trip to the dentist, for weeks. If you’re from outside Ontario, you’re likely at least dimly aware that Premier McGuinty punted the matter of long-term fiscal stabilization to Don Drummond, an ex-Ottawa mandarin, so that his ministers could take to the hustings last fall saying everything was under control when in fact this place is broke, broke, broke. Anyway, Drummond released his report yesterday and it’s

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Consensual Hallucinations

Imagine you’re running a Canadian university or college in 2008 or 2009. All signs point to a nasty recession, but your provincial government is still in spending mode and keeps giving you more money. It can’t last; the provincial deficit is completely unsustainable and cuts are inevitable within a couple of years. How should you use that extra money the finance minister just slipped you? Anyone with a modicum of financial sense would tell you to save it. Put it

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