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Old Posted Apr 7, 2011, 1:54 AM
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manny_santos manny_santos is offline
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Quote:
Originally Posted by Wharn View Post
I disagree. I think that the student loan porgram should be comprehensive and cover all expenses, but getting rid of it entirely is a bad idea. If you did that University students would essentially receive a "free ride" on the back of everyone else, and they wouldn't be forced to do a cost/benefit analysis for their education. The results would likely be even more crowded universities and even more pronounced dumbing-down of the courses (read: scantrons) to deal with crowding issues.
I am saying the program would be reduced, not entirely eliminated. For example, if you go to a private university and don't have enough money, OSAP would still be available.

The public universities would have to raise the standards for entry in order to prevent overcrowding and dumbing down.

The problem with not having fully public universities and colleges is that students are forced to divert attention from their studies to work part-time jobs that have no relevance to their field - thereby taking away jobs from others. And these others have been fighting back - at Western, some students found themselves out of a campus job last fall when the UWO Staff Association fought to further restrict students from working part-time at Western as part of their new collective bargaining agreement. The number of residence work positions for students almost completely evaporated.

Had I not had to work 12-15 hours a week during university to get by financially, I could have spent more time on my studies and been more involved in campus life, something I still regret to this day. But I had no choice.

Quote:
Originally Posted by Wharn View Post
I'm sorry but this made absolutely no sense. Assuming the baby boomers even want to move out, they will have to find housing elsewhere. There is no new excess supply being created; it remains unchanged, and people just move around inside the existing stock. An increase in supply would only occur if all the baby boomers died (which is still a while off) or if there was an increase in population which necessitated an expansion of the housing stock, but the latter would occur only after a demand shock.
This is more of a long-term issue than an immediate issue. As tuition continues to rise in Ontario, the burden on OSAP will continue to rise, and student debt will continue to rise. As the population stands now in Canada, as the baby boomers die off there will be houses on the market. Excess supply means lower prices. And students graduating from university at that time not being able to afford to purchase a house will mean housing prices will decrease further.

This scenario will be less likely if our birth rate increases, or if immigration increases.
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