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Category: Student Aid

Free Election Manifesto Advice

OK, federal political parties.  I have some election manifesto advice for you.  And given that you’ve all basically accepted Tory budget projections and promised not to raise taxes, it’s perfect.  Completely budget neutral.  Here it is: Do Less. Seriously.  After 15 years of increasingly slapdash, haphazard policy-making in research and student aid, a Do Less agenda is exactly what we need. Go back to 1997: we had three granting councils in Canada.  Then we got the Canadian Foundation for Innovation. 

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February 12, 2015 3 Comments

Packaging Student Aid

One of the things about student aid that makes it such great fun as a policy area is that it’s as much about framing as it is about actual policy.  For instance, which of the following two policies would you like to have? a)      A policy where students are asked to bear a huge amount of debt – over $100,000 in some cases for an undergraduate degree – over 25 years, and where three-quarters of students will never repay

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January 13, 2015 1 Comment

The Canada Apprentice Loan: Adventures in Federalism

As I noted a few months back when writing about the 50th anniversary of the Canada Student Loans Program, CSLP was at the heart of one of the federation’s key moments in fiscal federalism.  In 1964, Lester Pearson was running into opposition in Quebec on two of his major policy initiatives: the Canada Pension Plan and the Canada Student Loans Program.  A deal on both was eventually struck: any province could “opt-out” of a federal program and receive a compensating “alternative payment”, so

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January 9, 2015 No Comments

Canada Apprentice Loans: Adventures in Government

I know it’s exceptionally nerdy, but I highly recommend the experience of reading a new law’s regulatory impact statement, for no other reason than to get a taste of the sheer absurdity of government these days. Take the regulations on the new Apprentice Loan Act. The executive summary on the cost-benefit of the program (scroll down a bit) reads as follows: The Canada Apprentice Loan (CAL) will cost the Government of Canada (GoC) $74 million over 10 years, from 2014–15

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January 8, 2015 2 Comments

Student Aid in Canada: Tectonic Shifts Ahead

The details of the Canada Apprentice Loan, announced in last year’s federal budget, are now public. It’s a straight $4000 that any apprentice can get, once per technical training period for up to five technical training periods for a total of $20,000 per apprentice. And as we predicted in our 2014 Budget Commentary, the loan is in fact going to be completely means-test free. An apprentice could be making $18/hour all year, plus about $1800/month on EI for the duration

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January 7, 2015 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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