Many people overestimate cost of an education based on sticker price, Universities Canada president says

June 23, 2015

In a recent speech before the Halifax Chamber of Commerce, Universities Canada President Paul Davidson said that many people are “too fixated on the price tag” of postsecondary education. Davidson said that many calls for lower tuition neglect the broad range of scholarships, bursaries, and other financial aid options that can help offset the cost of an education. “Tuition is not an insurmountable barrier,” he said. “Our studies and other studies show that people overestimate the cost of higher education and underestimate the earning premium that they will achieve as the result of attending a university.” Some students took exception to Davidson’s remark; Michaela Sam, Chair of the Canadian Federation of Students-Nova Scotia, said that the comment “disregards the reality that students face today.” Metro News