BC’s Misguided New Student Loan Interest Policy
Last week, the Government of British Columbia became the first province to submit a budget for 2019-2020. The province’s finances are in exceedingly good shape, with a surplus of over $1.5 billion (though the government is hiding most of that using various tricks like contingency funds, forecast allowances, etc). On a nominal basis, the increase in spending on post-secondary was a pretty amazing 5.7%, which was the biggest increase in a decade or so. That sounds like very good news, but







