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.
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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.
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.
They overextended themselves during the years the money was coming in, most likely, and now can't afford the remaining payments on new buildings or equipment or the current staff salaries or whatever without the extra financial support. (There's also the possibility of outright embezzlement having taken place, as at Laurentian U, which ended up axing a couple of programs.) Wikipedia suggests that Algonquin's been building or renovating a fair amount of stuff on their main campus in Ottawa over the past fifteen years. If they took out loans to finance some of it, it would make sense that they're short on cash now.
I don't either. I do know med schools are definitely held up by the giant fees the international medical students pay, so it'll be interesting to see what happens to them due to them being banned, aside from the Saudis whose government pay them to be here apparently and probably will always find a spot here. Apparently already 88 percent of med students are Canadian born so they say the change won't be much, but honestly I work in a hospital and it feels like almost all of the students at whatever level are international.
Really it would make more sense to me to fix the family doctor problem in Ontario to provide a bridging program for doctors who already live here but aren't able to practice because they don't qualify, a lot of skilled people being wasted that way, or having to do dumb shit like a psychiatrist I know who had to practice as a GP in rural Nova Scotia for five years before they'd let him be a psychiatrist here in Ontario. That's a waste of talent that already exists here that would be a win for everyone, rather than training a Canadian GP who will get burned out on the low pay and dogsbody work, and quit and go be a hospitalist.