Tax credits and debt relief programs don't help students pay the bills.
OTTAWA, ON, September 11, 2012: Average tuition and compulsory fees for Canadian undergraduate students are estimated to rise almost 18 percent over the next four years, from almost $6,200 in 2011-12 to over $7,300, says a study released today by the Canadian Centre for Policy Alternatives (CCPA).
The study looks at trends in tuition and compulsory fees in Canada since 1990, projects fees for each province for the next four years and examines the impact on affordability for median- and low-income families using a Cost of Learning Index.
"Since 1990, with very few exceptions, the tuition fee burden across the country has been increasing faster than incomes. Between 1990 and 2011 the average annual increase in tuition fees and ancillary fees in Canada was 6.2 percent — nearly three times greater than the rate of inflation," says Erika Shaker, co-author of the study and director of the CCPA's education project.
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