Category: Tuition

The Cost of PSE, 2030

One type of story which always makes the back-to-school news is the “what will PSE cost in 2020/2025/whatever” (the choice of year is usually 18 years in the future) story, which normally emanates from a press release from a financial institution trying to sell savings products of some kind. The problem with most of these estimates is that they are based on straight-line extrapolations of recent trends. Thus, all the stories from the late nineties assumed that 8% increases in

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Student Aid through the Looking Glass

On the heels of Statistics Canada’s annual overview of tuition fee increases across the country (which unfortunately fails to take into account Pauline Marois’s imminen cancellation of the $254 tuition hike in Quebec), it’s worth considering something that everyone involved in student aid policy needs to come to grips with: that there is a significant fraction of student aid recipients who are better off when tuition rises, and worse off when tuition falls. I’m not making this up. Here’s how it happens:

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Worst Back-to-School Article, 2012 Edition

Carol Goar from the Toronto Star, take a bow. Your article “Ontario students paying more but getting less” wins my vote as the most facile, ill-informed article of la rentrée. The article contains two basic screw-ups which merit the award. First, the “paying more” bit. Her contention is that the average tuition fee has risen $4182 since when Mike Harris was elected. The figure is correct, but unadjusted for inflation. When you actually compare apples to apples – as any first-year econ

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Back to (Red) Square One

Alex Usher and Joseph Berger The Parti Québécois’ Tuesday night victory will have major effects on higher education in Quebec, but there are implications right across the country, too. Here are a few of them. Inside Quebec, things are back to square one. The PQ has already told student leaders it’s cancelling the increases to tuition; recent improvements to student aid are unlikely to stick, since they were largely going to be funded via tuition revenue – but the PQ hasn’t made any

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Initial Effects of a $9000 Tuition Hike

It’s been nearly two years since the U.K. government announced radical new tuition plans. From a little under 3300 GBP/year, the government allowed institutions to raise fees up to 9000 GBP. Loans rose to compensate, but grants did not. “Top” universities – essentially, any institution with pretensions to graduate education – all hiked their fees to the maximum; others, sometimes in response to some frankly weird government incentives, kept them a bit lower. Average tuition paid by U.K. students rose

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