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Posted (edited)

Tuition rates are up...

here at this institution 6% for Canadians and 3% for international students. Residence rates are also set to increase by 3%.

This is a trend that is going on.

This with a dollar that is up to the USD.

If tuition is $3000 for a term a 5% tuition rate works out to a $150 increase - this in turn gets passed on to the government that funds 80% of this money. etc...

Tuition is still low compared to the US.. however you got to wonder why the rates are going up...? Are peoples disposable incomes going up?

It seems difficult to stop such a trend with food costs housing costs and now education costs all on the rise...

what is the student to do.. more loans?

Edited by Esq
Posted

Some professors, like for example Wendy Cukier, push for more waste, and some students actually vote for it. So tuitions should go up.

Posted (edited)

Colleges/universities are businesses. They want more money, they want more profit.

Actually most of the money this university makes isn't from tuitions. Less than half is tuition the other is called the basic grant

can you look and this and tell me why the tuition is going up at this insitution?

http://www.secretariat.uwaterloo.ca/20100601budget.pdf

Like what are these

academic development funds and the quality improvement funds

Why are we paying for this stuff?

http://www.analysis.uwaterloo.ca/docs/Accountability/InterimAccountabilityAgreement.pdf

There are budgeted expenditures to "get results"

Like why is $2,255,000 being paid to "report" this is absurd.

or rather

Quality Improvement Fund $8,772,000

what is this fund?

SEE:

http://www.brantfordexpositor.ca/ArticleDisplay.aspx?e=2959969

http://www.newswire.ca/en/releases/archive/February2011/01/c6748.html

$100,000 price tag

http://www.saultthisweek.com/ArticleDisplay.aspx?e=2958614

ontario is up $1000 the national average on tuition rates:

http://news.guelphmercury.com/News/article/750442

Edited by Esq

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