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Many parents can remember a time when they could easily work their way through university with a decent summer job Student loans were available to make up for any shortfall and they came with generous grants Paying those student loans off when they finished school was easier then simply because the amounts were not nearly as large as they are today Too many of todays parents with young children have been lulled into a false sense of security by counting on their own generations experience false because significant changes have taken place over the last decade Tuition fees have risen dramatically out-pacing inflation as government funding has drastically been cut back The cap has been taken off many professional degree programs and the universities can now charge what the market will bear The cost of a typical four-year university education in Ontario has more than doubled in the last ten years In addition new fees have been implemented through students union athletic and health service costs plus the introduction of new registration student services or undergraduates fees As a result student debt loads have been spiralling doubling over the last decade and enrolment rates of young people from lower socio-economic groups are rising far slower than middle and upper groups Continued public under-funding is eroding the accessibility and equality at post-secondary institutions in Ontario The failure of both levels of government to adequately invest in post-secondary education holds dire consequences for Ontarios and Canadas economic and social future Governments must recognize the renewed public investment in post-secondary education is an economic and social imperative The Conservative government in Ontario has slashed post-secondary education funding and jacked up tuition fees limiting access to colleges and universities at a time when many employers demand a post secondary degree This can only worsen the already dismal employment picture for young people and displaced workers in need of new skills While the provincial government pays lip service
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