The Canadian Federation of Students (CFS) came up with this for its website. A Canada Student Loan Debt clock lets you watch student debt adding up across the country. Tick-tick tick-tick tick-tick tick-tick tick-tick...
It's mesmerizing, though not as soothing as a lava lamp...J
Let's focus on the universal programs here - the ones most grads can obtain.
Some provinces, such as BC, only offer tuition fee rebates or loan forgiveness to small groups of people -- such as recent grads now working in B.C.'s civil service ("Pacific Leaders"). This can limits aid to an elite group of chosen employees.
But other provinces have more universal programs. They offer a generous tuition tax rebate for all, or for all with an undergraduate degree (each province varies).
In the past day or two, you may have seen media coverage announcing that the government of Saskatchewan is offering tuition fee rebates of up to $20,000.
Actually, Saskatchewan rejigged its tuition rebate-based Graduate Retention Program in it's 2008 budget. But it's still an important program -- and should be explained on our Debt 101 helpsite -- so let's go.
British Columbia is swimming against the tide when it comes to student financial aid. That is one of the findings of a report released October 22, 2008 by the Canada Millennium Scholarship Foundation.
In general, the Foundation's report, Ten Things You Need to Know About Financial Support for Post-Secondary Students in Canada, paints a fairly positive picture of recent trends in Canada's student financial aid system.
On November 5, 2008, college and university students from across Canada marched to mark the Students' Day of Action 2008.
The campaign, organized by the Canadian Federation of Students (CFS), was especially active in Ontario. Thousands gathered there in 14 cities, including Toronto, Guelph, Kingston and Windsor. Speakers urged the provincial government to boost access to post-secondary education by simply dropping tuition fees.