The Affordability of Canadian Universities, 2020, Part 1
The affordability of higher education is vital for the accessibility of higher education. Unfortunately, much of the debate around affordability is conducted in terms simply of prices, and usually inflation-unadjusted ones at that. But while price is an input to affordability, it is not the whole story. In fact, it is exactly half the story: the numerator, if you will. The other half, the denominator, is capacity to pay. And yet for some reason we almost never bring this into