Ontario tuition increase likely under 5 percent
Posted By:
Newstalk 1010
·
3/4/2013 3:27:00 AM
Student pocketbooks are still in for a tuition increase this fall but it seems the pain won't be as bad as in years past.
New Minister of Training, Colleges and Universities, Brad Duguid, tells The Toronto Star that for the first time in 7 years, Ontario is expected to keep tuition increases below 5 percent.
Duguid adds his goal is to rein in extra fees that colleges and universities tack on to the cost of attending classes.
He says that he's got kids who are nearing the end of high school and is staring down the impending costs, himself.
While the government hasn't made a final decision on tuition increases, it stands to be a compromise.
Some student groups are calling for a freeze on tuition while others want it chopped by a third over 3 years.
On the other side, colleges and universities say they need a 5 percent hike to make up for cuts at Queens Park.
The average student in Ontario pays just over $7,100 dollars in tuition.
That's the highest in Canada and is going up faster than any province in the country.