Are “out-of-control” tuition claims a hoax?

September 26, 2013

According to Canadian Business columnist Duncan Hood, tuition in Canada is not as outrageous as some advocates have led us to believe. Although Hood does indicate that tuition fees have almost tripled in the last 20 years, he says they are offset by the even more rapidly rising tax credits, scholarships and grants available to students. Hood suggests that Canadian PSE has simply entered a new rebate model, where “well-off students with mediocre grades ... are now effectively subsidizing the smart kids and the ones who need financial aid.” Hood explains that despite increased per-student university funding, which amounts to almost $10,000 from 1992 to 2010, tuition continues to increase partially because universities have increased scholarship spending by 7 times since 1992. The Canadian Centre for Policy Alternatives (CCPA) recently released a study that projected tuition and fees will rise by almost 13% over the next 4 years. Canadian Business