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.

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