Category: Student Aid

Student Debt Update 2021

Back in early July, the Canadian Undergraduate Survey Consortium (CUSC) released its triennial survey of graduating students.  As always, one of the most interesting things in there is the data on student debt, because it is one of the few good, up-to-date national snapshots that we have of the issue.  There are some limitations to the snapshot.  It doesn’t report out on a provincial basis, only a national one.  It doesn’t really include Quebec.  The sample in the survey is

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2021 PSE Platforms – the New Democratic Party

Last week, I analysed the Conservative Party of Canada platform.  This week, I am doing the New Democratic Party’s platform, which is available in its entirety here.    I find this manifesto disappointing because apparently the only thing New Democrats care about is making higher education cheaper.  Not better.  Not more adapted to helping Canadian business compete or Canadian society to become smarter.  Just cheap, cheaper, cheapest! In fairness, that’s at least partly because this manifesto is peculiarly written, in the sense that

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The Biden Re-Set

One of the most amazing things about Joe Biden’s presidency is that we don’t have to hear about it all the time.  For days – nay, weeks – on end, we can go about our business without thinking about what the US Head of State is doing or saying.  It’s brilliant.  But while the vacation is nice, it’s time to start paying attention again because very big things are afoot in DC with respect to higher education. It’s worth surveying

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That Alberta PSE Strategy (Finally)

Last Thursday, the Government of Alberta finally released the long-awaited Alberta 2030: Building Skills for Jobs strategy, optimistically subtitled “a 10-year strategy for post-secondary education”.   So, after all the hullaballoo of the last year or so, what does it all mean for the province’s universities and colleges? Let’s get the process stuff out of the way first.   The province did kind of publish some of the background research McKinsey did for $3.5M.  It’s incorporated in this 217-page power point (no, I am not kidding).  Conceivably, this

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That NDP Student Debt Forgiveness Promise

Today, I want to look at Jagmeet Singh’s recent promise that an NDP government would forgive up to $20,000 in federal student debt.  It was a fascinating little announcement, which is part-super-savvy and part deeply-perplexing. The announcement itself, which you can read in the NDP press release here,  says that an NDP government would i) eliminate interest on student loans because interest = profit, ii) bring in a 5-year waiting period before student loans became repayable and iii) forgive the first $20,000

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