Quote:
|
Alberta post-secondary students expect a starting salary of $53,592 on graduation, according to a survey released Thursday by BMO Bank of Montreal.
|
Isn't it all relative? When I went to school there was a time previously that if you took out +$20,000 in student loans and did well in school the the government would repay more than half for some people via the remission program. When I graduated that completely changed and I got something like $1200 reduced off my +$25k student loan and I got some awards. I obviously had it tougher than the generation before me as my tuition was also considerably higher than the generation before me as I paid more and got less back. Also at the time minimum wage was around $5.50/hr so if I didn't get a job immediately after graduating I would be sol trying to pay rent in calgary and pay off $25k making $5.50/hr. Even when I started out in my field the wages were well under $20/hr. Now kids have bigger loans but wages are also higher as a lot of graduates today scoff at anything under $20/hr. Sure you paid more and you have more debt but you also expect a lot more salary. All relative.