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Originally Posted by Sylvanfan
That truely is a backwards strategy if I've ever heard one. Considering how much oppurtunity there is for anyone to make money in this province the last thing they need is to know they can jump in the patch and make a bunch of money at a low tax rate. Whereas your average college grad isn't done school until they're 23-24 and don't start earning top wages until they get to the age of 30.
What they should be doing is offering up a higher monthly living allowance for post secondary students, or maybe have lower tax brackets for students who can provide some type of proof that they were in school and passed a certain amount of courses. They could also offer up better tax breaks on student loans within the first 5 years after graduation too or something like that. It would be easy enough to derive some type of formula for it based on courses taken, passed, and months spent in school, amount of outstanding student debt.
Alberta is fascinating in a way that it's basically been run by 4 political parties since it's inception. The current Torry rule goes back like 35 years now IIRC. One of these days things are due to change, and I guess we'll find out if it's the Torry party themselves who change, or if it's the people of Alberta who change the government. Personally I might prefer a more moderate centered leader to go forward with. The Province is set up to enjoy it's wealth for a few more years, but there are going to be a lot of serious issues come up in the coming years. Not to mention a huge demographic shift where the largest cohort of voters will be 50 and older and have all their children in the work force. The demands of the Alberta voter will be much different and we'll see if the Torries can adapt to meet those needs.
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I think that any student should be provided with Interest FREE loans from the government and paid back on a percentage of income made after graduation.
I have no problem paying for my education (which I have) but why do they have to charge you interest on it. Not to mention they usually don't give you enough so some, like myself, have to borrow from a bank which charges higher interest and can't be claimed on your income tax return.
Absolute BS as far as I'm concerned.