Quote:
Originally Posted by GGG
The Canadian Student Loan System provides enough money to live frugally including books, tuition and living expenses. There are some limiting requirements of when they will loan money depending on school choice and parental income but the program to borrow your way through school is there. So in Canada I fundamentally disagree that university bars access.
I do agree that the length of programs could use reform. They also need to decrease entrance requirements and increase the failure rate so people are weeded out at the university level rather than the high school level.
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What are the limiting requirements? It seems pointless if it's based on parental income. Isn't it only capturing that small group between 'parents can pay for tuition' and 'I need to work to put food on the table'?
There's also the fact that thousands of Canadians then have crippling student loans to pay off. And despite their increased earning potential it still takes an absurd amount of time for some.