
This article was last updated on April 16, 2022
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The fees of undergrad students in Canada are way over the inflation rate in tuition boosts this year. According to the published reports of Statistics Canada, fees for full-time students on an average are 4.3 per cent extra in tuition this fall as compared to 2010.
The inflation rate between July 2010 and July 2011 was calculated to be 2.7 per cent. StatsCan further says that students are paying an average of $5,366 in tuition fees in 2011-12, up from $5,146 in 2010. Fees increased in all provinces except Newfoundland and Labrador, where they were fixed in 2003-04.
Moreover, the increase varied from 1.4 per cent in Manitoba to 5.1 in Ontario. After a fixed tuition fee for three years, New Brunswick increased it with a rate of 3.6 per cent, whereas tuitions in Nova Scotia mounted to 4.3 after three years of decrease.
In general, there is a prevalent social consent that financial problems should not avert young adults belonging to low-income families from carrying on their studies. The problem is whether or not; sustaining the lowest tuition levels at significant cost to taxpayers is a resourceful and successful strategy for students.
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