Friday, December 19, 2008

Rising Tuition is a Myth?

It was quite the relief to see yesterday that "the real cost of university is falling". Here I thought that university prices were going up, and that accessibility was an ongoing issue -- if not an increasing one. But apparently "one province is even paying its students" when tax rebates are considered, according to an EPI study. So where did I go wrong?

Was it the increasing housing costs? Maybe textbook prices? How about childcare? Wait, have I touched on tax rebates before? Let's see:

"A report released yesterday by the Canada Millennium Scholarships Foundation asserted that student aid may not be going to those who need it most. The report indicates a fundamental shift from needs-based grants to tax credits and rebates, a move that tends to favour the more affluent and leave the truly needy further behind."

And on that note, the EPI study reports that Alberta relies more heavily on tax credits than any other province.

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