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Category: Government

Manageable Debt, Part 2

Yesterday, we looked at the principles underlying the discussion on manageable student debt; today we examine how Canadian governments try to help students manage debt, and whether or not their efforts are as efficient as they could be. Manageable debt loads are a function of three things: total debt, interest rates, and student income.  The last of these three is only vaguely susceptible to government control, but governments can control program interest rates and total debt loads through direct subsidies. 

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December 11, 2012 No Comments

When Should McGill Go Private? (Part 3)

Over the last couple of days, we’ve seen how McGill could at least theoretically survive leaving the public higher education system and cope with a loss of its $272 million teaching grant. About 85% of the resulting funding gap could be closed on the revenue side; the rest would need to come from internal re-allocations (basically, shifting away from graduate studies and losing a faculty or two). Probably the biggest implication of abandoning public funding is that the numbers don’t work

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October 12, 2012 1 Comment

When Should McGill Go Private?

With the election of a PQ government which is unwilling to sanction tuition fee increases and too broke to actually spend any more money on PSE, there’s one debate which is sure to arise soon: when and under what conditions should McGill leave the public sector and go it alone as a private university? In a sense, of course, McGill has always been private. It was not founded by an act of the legislature, but rather as a charitable enterprise

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October 10, 2012 1 Comment

That International Education Report

The Federal Task Force on International Education reported last week. It was… how to put this? Very Canadian. In essence, the report reads as though the goal of keeping all major stakeholders sweet trumped the goal of providing clear, bold thinking about Canada’s internationalization strategy. It’s worthy without challenging any conventional thinking. It puts forward an ambitious goal without spending much time working out the details of getting it done (the phrase “stakeholders should co-ordinate” does too much work in this

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August 20, 2012 1 Comment

Those Statscan Cutbacks

Many will have seen news yesterday about large cutbacks in the works at Statistics Canada. On the basis of the news that lots of PSAC members had received notices that their jobs may be “affected,” a number of pro-Statscan commentators rushed to say that the agency needed to be saved because it provided such fantastic, non-partisan analysis. Well, yes. But yesterday’s notices appear not to have gone to any analysts, since they are not PSAC members.  The employees who got notices would

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May 2, 2012 2 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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