Tag: Student Loans

Comparing Student Loan Outcomes

Yesterday, I said that the system of English student loans were the worst in the world. And I know the skeptical among you probably thought “how can he say that? Where is the comparative data?” So, today, some data on student loans programs around the world which will show, definitively, how awful the English system is. Let’s start with a basic piece of contextual data, which is that there are huge differences between countries when it comes to the percentage

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The World’s Worst Student Loan System

If you read the UK education press at all, you’ll have noticed a serious uptick recently in the number of stories describing the current student loan system as “a scam” by  Government back-bench MPs and “a mess” by a former Deputy PM who played a large role in designing it. What’s going on, you ask? How bad is it? Well.. The problem with student finance in the UK is that Tony Blair and Gordon Brown, in their haste to modernize

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Quebec’s Private Student Loan Moment

Although we tend to think of student loans as either being something done by banks for profit or by governments to correct for market failures, there is a third type of student loan: namely, private, not-for-profit companies using a mix of private and public funds for charitable reasons. Probably the most globally significant institution pursuing this path is the Dominican Republic’s FUNDAPEC, which has its origins in a private sector effort to establish higher education in that country during a

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Student Debt by Ethnicity

Hi all. Just a quick one today, this time on some data I recently got from StatsCan. We know a fair a bit about student debt in Canada, especially with respect to distribution by gender, type of institution, province, etc. (Chapter 6 of The State of Postsecondary Education in Canada is just chock full of this kind of data if you’re minded to take a deeper dive). But to my knowledge no one has ever pulled and published the data

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Two POVs on the Coming Student Grant Changes

The Canadian Alliance of Student Associations has started a new campaign, entitled #halfyourCSG.  It rails against the perceived risk of a 50% drop in the maximum value of the Canada Student Grant (CSG) come this fall.  This might be kind of a sleeper issue for PSE over the next few weeks, so it’s worth taking a look at what the issues are and how everything might play out. To recap the policy evolution here: in 2016 the Liberal government raised

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