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9 décembre 2014

Degrees, Diplomas, and Debts! Oh My!

TheSpecBy Ewa Plonka. The current status of the employment market dictates that we must have expensive pieces of paper in order to achieve and maintain a career. Where do we get these expensive pieces of paper though? Ah, through the education system of course! Too bad it will cost us an arm and a leg in order to get into that system. According to the Association of Universities and Colleges of Canada (AUCC), post-secondary enrolment rates have been at their all time highest. The need for a higher education is becoming widely recognized as it is essential to remain in the race for jobs in this competitive economy. However, this education is becoming increasingly more difficult to obtain due to years of tuition increases. The Canadian Centre for Policy Alternatives (CCPA) stated that in the school year of 1990-91, the average university fee was $1,464. By the 2012-13 school year, the tuition increased to $6,348. This is expected to rise to$7,437 in 2016-17. This poses a major problem to mid-low income families as they can not keep up with these alarming raises. More...

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