The answer is C – Tuition fees from 1998 – 2008 saw an average annual increase of 4.1%, compared to an average annual inflation rate of 2.1% over the same time frame.
The answer is D – These numbers are a few years old as it takes a while to collect the data and they are also an average across Canada. But you can see how someone starting school this fall could only be paying $70K for the same program as someone born in 2012 and they’d be paying more than double the cost.
The answer is B – 50%
Young people are more likely to pursue a post-secondary education if their parents have set money aside.
The answer is C – Two-thirds.
Job opportunities for those without a post-secondary education are dropping, but rising for those with higher education.
The answer is C – People with post-secondary education are more likely to find a job, keep it and earn substantially more money than people without a post-secondary education. Someone with a college diploma will earn $394,000 more than a high school graduate over 40 years, while those with a university degree will earn $750,000 more.