Ontario town reeling as student cap forces college to close campus.
Ontario town reeling as student cap forces college to close campus.
An Ontario college that has called a small town home since 1970 is closing its campus given the crippling financial woes it’s facing, it says.
My tuition (with all the fees) per semester in the mid-late 2000s was $1500.
There were zero foreign students
How does it happen that a college can survive on that rate then, but can't now on the ~3k tuition?
The tuition you paid was not the full cost of your degree. You paid probably about 1/3 of the true cost while the province paid the other 2/3. The province in recent years put a freeze tuition, and also capped what it provides to school; meanwhile inflation continues.
I mean, universities have hardly any incentive to improve efficiency. There were so many staff members in my university's administration it was ridiculous. Not professors and teachers, just people that "ran" the university. Just paper pushers for the most part.
Provinces have been skimping on funding universities, because post-secondary institutions can get so much cash from international students.
To the point where even a 35% decrease in new student enrollment means a loss of $1 billion for just Ontario over two years.
Yes. This is a provincial funding issue not a tuition issue. Governments realized they could milk so much money from international students they got to depend on it rather than funding education properly, and it sucks.
Micromanagers are bean-counting every last piece of paper and staple as if that will solve the issue rather than just telling government to fuck off and fund it properly.
I do believe the international students pay double the fees if I recall correctly.
More than double in many cases.
College can be 10-15k+ per semester and university can be as high as 60k or more per semester for international students.
But there was a time where there were few, if any, international students, and it wasn't an issue.
I understand there has been a decrease/hold on gov subsidies to colleges and unis, but I don't understand how what once was rare in foreign tuition, then was a cash cow, and is now limited (but not eliminated) is now responsible for the total collapse of some schools.
All those private colleges are just greencard diploma mills for upper middle class foreigners who want cansdian citizenship.
Algonquin is publicly funded.
If your business relies on a constant stream imported people it's not a business, it's a ponzi.
I think immigration needs huge reform in Canada, and that the private diploma mills should all be closed and have only publicly funded colleges and universities. I think the diploma to citizenship pathway needs to be closed. But also if the government is going to make these caps, they need to ensure funding is adjusted for the schools. Barring international medical students is going to hurt med schools, the Saudi government pays giant amounts of money to secure spots for their citizens here, as well as positions on faculty, etc. If they stop that it'll really cause problems.