Last class, we had a presentation on education, and part of the presentation covered free education, like the Khan Academy. I found an interesting video on the Globe and Mail that countered free education: increasing tuition across Canada. They believe that a higher tuition help and benefit less affluent students. How could this be? James Bradshaw, the education reporter for the Globe, claims that current tuition costs average around $6000 per term. This price is MUCH lower then private education offered in the states. Moreover, he says that affluent students have no problem paying this fee, which benefits them, and has no beneficial effect on less affluents students. The suggestion?Doubling education tuition to around $12000 per term will still not harm those affluent students (they will still be able to afford their tuition with ease) however this will create a better income base financial aid system for less affluent students. With a better financial aid system, those students will be able to take out bigger student loans with ease and potentially increase the ability to pay that loan back quicker. Moreover, with a higher education tuition, the schools can take that extra income and invest in a higher quality education system in Canada.
Although there is large debate over whether this will be beneficial or simply create a larger burden for students. In order to determine whether this is a sound proposition, there are questions that must be research, evaluated and answered:
Does the Canadian education system need improvement?
Will the increase in tuition truly benefit less affluent students?
Will the university student rate decrease due to education fees doubling?
These are just a few of the questions, there are MANY more.
What do you guys think? Check out the video below!
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