Sunday, October 17, 2010

tuition fees distract from mandatory fees

http://www.bulletin.uwaterloo.ca/2010/feb/04th.html

Undergraduate students (domestic)

* “Regulated” programs newly admitted students – 4.5%
* “Regulated” programs continuing students – 4%
* “Deregulated” programs newly admitted students – 8%
* “Deregulated” programs continuing students – 4%

Graduate students (domestic) – 3%

Hamdullahpur, vice-president academic and provost, who revealed that for 2009-2010, tuition fees, at $195 million, accounts for 45 per cent of the university’s revenue, compared to $191 million in government grants, or 44 per cent.

D: I found an article for another university that showed mandatory fees increasing at TWICE the rate of tuition. It was closer to 1000 bux than not.
Ignoring fees does a disservice to student when discussing the cost of education.

Incidental Fees
Lowest: $859
Highest: $1,165

http://www.schoolfinder.com/schools/fees.asp?SchoolCode=uwatl08&ProfileType=University&URL=index

NOTE: This fee is mandatory.

So we see that the cost of school continues to escalate far above the rate of inflation- or the increase in standard of living.

Wednesday, October 6, 2010

parents fear high tuitions

http://www.theglobeandmail.com/life/the-hot-button/tuition-fees-worrying-canadian-parents/article1744095/

These days it costs about $60,000 to send a child to university for four years (and much more if you’re dreaming of med school). And the poll, conducted by the Bank of Montreal, found that only 21 per cent of families with children under the age of 18 are confident they can afford it.

Many aren’t saving for it: Only 52 per cent of Canadian parents have contributed to an RESP Ottawa’s education savings program, and most of those contributions won’t be enough to cover the cost. (To get the grim calculations on how much you’ll need visit tdcanadatrust.com.)

D: there has been alotta spin recently on tuition rates.
'cuz poor kids don't go to U much, it is a middle class subsidy'.
well... if the subsidy was what is was for the boomers, it'd be enough to not scare away the lower class!
a fascinating inversion of logic.