Category: Student Aid

Ending the Merit Scholarship Arms Race

Here’s a way the new Ontario Minister of Training Colleges and Universities, Reza Moridi, could do everyone an enormous service, and win political capital at the same time: force institutions to cut back radically on automatic merit-based entrance scholarships. Here’s the background: at some point in the 1990s, Canadian institutions hooked onto the idea of giving out entrance awards as a way of managing enrolment.  It was a nice trick to help lock students in early in the admissions process

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The Problem at the Back End

Yesterday, we talked about how the Canadian aid system was both generous and clumsily organized, what with most of it being delivered through tax credits and loan remissions – neither of which shows up directly to reduce tuition at the time of registration.  This is something that needs to change; if we’re giving students so much money, we should at last give it to them in a form that is both useful and comprehensible.  So why can’t we do it? Our

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What Students Really Pay

In a couple of weeks, Statistics Canada will publish its annual Tuition and Living Accommodation Cost (TLAC) survey, which is an annual excuse to allow the usual suspects to complain about tuition fees.  But sticker price is only part of the equation: while governments and institutions ask students to pay for part of the educational costs, they also find ways to lessen the burden through subsidies like grants, loan remission, and tax expenditures.  And Statscan never bothers to count that

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Tuition Fees and Inequality

Stop me if you’ve heard this one before: it’s unfair that some people graduate with debt, and others don’t.  The ones that do tend to have started off poorer to begin with.  And so instead of being a means of social mobility, tuition ends up being a means of perpetuating it – the ones who start off poorer end up poorer.  That’s bad, and that’s why we should have no tuition.  Eliminate tuition and you eliminate inequality. Let’s take this

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New Data on Student Debt: the 2010 National Graduates Survey

The National Graduates Survey figures on debt for the class of 2010 were (quietly) released yesterday.  Unlike the employment data they released a few weeks ago, this data actually *is* comparable to results from previous surveys.  It is thus a good way to check on whether/how student debt is actually reaching “out of sight” levels. So, let’s start with some interprovincial comparisons. Average Government Student Loan Debt at Graduation, Borrowers Only, By Province and Type of Institution, Class of 2010  

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