SmartVote: Edu expert on LPC plan: RESP is “problematic”; better to lower tuition

Erica Shaker, Director
Education Project,
Canadian Centre for Policy Alternatives
Cell: 613-282-7773
erikas@policyalternatives.ca

“Rather than addressing directly the increasing lack of affordability of higher education to students and families, the Liberal plan directs more money into the problematic RESP system. Tuition fees are on average over $5,000, and while this by no means represents the entire cost of higher education tuition fees are identified as the single greatest expense. By rolling the public funding components of the RESP system (the Canadian Education Savings Grant, the one time start up grant and this additional funding) into a single plan and applying it directly to the costs of higher education, the Liberals could roll tuition fees for all students back to pre-92 levels, making it much more universally accessible. They could also begin to address deferred maintenance costs at university and colleges.”

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