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As much as I dislike making students paying high tuition fees, as a Canadian, the alternative is worse I feel. What would end up happening should tuition fees
by m23khan 6y ago
As much as I dislike making students paying high tuition fees, as a Canadian, the alternative is worse I feel.
What would end up happening should tuition fees be reduced overnight:
- Universities / Community Colleges would experience a fiscal deficit (or substantial cut to their income). Here in Canada, that means taxpayers' will be on hook.
- Should Educational institutions cut salaries of their staff - they would risk losing their top faculty and support staff.
Just like people rush to support local businesses and local economy, they should also support their local education institutions. After all, they employ a large number of people and have a huge hand in inspiring next generation of workers and provide lots of social programs for local community.
On another note, I often see people discussing merits of University degree / Community College diploma and often point out that Computer Science degree is not worth it. I beg to differ - the Modern World owes quiet a lot to army of University / Community college graduates who have made quantum leap in civilization's advancement possible.
Just over 40 years ago, overwhelming majority of workers didn't have a post-secondary education. But since then, around the World post-secondary education has experienced a boom and we that all corners of the World has experienced substantial gains in their economic output which in turn has led to better health conditions and a better living standard.