Category: Policy

The Cultural Determinants of Student Debt Policy

With the school year now back in full swing, one of the things you’ve undoubtedly heard, and will continue to hear, is the question of student debt, and how it has become “out of control”.  And in that spirit, I wanted to relay a little anecdote. A few months ago, as part of a student loans-related project that I was working on in a Southeast-Asian country, I led a session for government and bank officials looking at possible loan parameters,

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Daycare Subsidies, Tuition Subsidies

I see the Globe is currently doing a series on affordable child care.  It’s a good series, but it’s striking how different the tone is from public discussions on higher education, despite the evident similarities between the two policy fields. This occurred to me a few months ago while reading a Globe op-ed from a new-ish parent, wondering why daycare was so unaffordable.  It was framed in the Globe’s very weird, class-politics manner, as: “My wife and I make $100,000 and we can’t afford daycare”. (Sidebar for non-Torontonians:

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Innovation Literature Fail

So, I’ve been reading Mariana Mazzucato’s, The Entrepreneurial State.  It’s brilliant and irritating, in equal measures.  Brilliant because of the way it skewers certain free-market riffs about the role of risk and entrepreneurialism in the innovation process, and irritating because it’s maddeningly cavalier about applying business terms to government processes (in particular, the term “risk”, which Mazzucato doesn’t seem to understand means something entirely different in government, if losses can be made whole through taxation). Anyways, one thing that occurred to me

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Campaign Platforms on Higher Education – Halifax Edition

It’s election time out on the east coast, and with polling day (October 8th) fast approaching, it’s time to see what the various parties have on offer for post-secondary education. The ruling NDP is proposing… nothing.  Nothing at all.  Instead of an actual manifesto, they are running on their record (kind of) and making seven “key commitments” for the next term, none of which touch on post-secondary education in anyway.  This is a tactic often used by sitting governments, but

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Grants and Net Prices

Yesterday, we saw how tax credits lowered net prices by refunding students (or their families) roughly one out of every three dollars spent on tuition.  But that’s not the whole story, because there are a lot of university students who also get some form of non-repayable assistance (i.e. grants); for them, tuition is even lower. Let’s start with Quebec, where net tuition after tax expenditures is a mere $1,555.  Data from the latest Aide Financiere aux Etudes annual report, adjusted for known changes

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