You're going to make up the funding shortfall, right?
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The federal and provincial governments have been underfunding universities for decades. Recently, universities were able to start recruiting foreign students to make up for the shortfall, but it looks like that money tap will be turned down. It doesn’t look like there’s a plan to make up for it.
At the same time, the feds want to
recruit more than 1,000 top international researchers to Canada, with the budget injecting up to $1.7-billion into a suite of recruitment measures.
That’ll be tough if universities see their income crater.
Yea, this is stupid. One of my clients is a public college, and they’re already hurting. They already cut a bunch of programs to save the rest. A new round of international student cuts is going to gut so many more that they just worked so hard to save.
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The federal and provincial governments have been underfunding universities for decades. Recently, universities were able to start recruiting foreign students to make up for the shortfall, but it looks like that money tap will be turned down. It doesn’t look like there’s a plan to make up for it.
At the same time, the feds want to
recruit more than 1,000 top international researchers to Canada, with the budget injecting up to $1.7-billion into a suite of recruitment measures.
That’ll be tough if universities see their income crater.
Entirely anecdotal, but a University I was attending almost went bankrupt during the pandemic because no one was paying for parking. Like, just losing that income almost destroyed it. I’m not sure Carney, who has never had to worry about rent, can really understand that.
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The federal and provincial governments have been underfunding universities for decades. Recently, universities were able to start recruiting foreign students to make up for the shortfall, but it looks like that money tap will be turned down. It doesn’t look like there’s a plan to make up for it.
At the same time, the feds want to
recruit more than 1,000 top international researchers to Canada, with the budget injecting up to $1.7-billion into a suite of recruitment measures.
That’ll be tough if universities see their income crater.
Sweet talking conman right there.
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Entirely anecdotal, but a University I was attending almost went bankrupt during the pandemic because no one was paying for parking. Like, just losing that income almost destroyed it. I’m not sure Carney, who has never had to worry about rent, can really understand that.
Right. The guy has a PhD in economics, but doesn’t understand how things get paid for. smh.
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The federal and provincial governments have been underfunding universities for decades. Recently, universities were able to start recruiting foreign students to make up for the shortfall, but it looks like that money tap will be turned down. It doesn’t look like there’s a plan to make up for it.
At the same time, the feds want to
recruit more than 1,000 top international researchers to Canada, with the budget injecting up to $1.7-billion into a suite of recruitment measures.
That’ll be tough if universities see their income crater.
At the same time, the feds want to
recruit more than 1,000 top international researchers to Canada, with the budget injecting up to $1.7-billion into a suite of recruitment measures.
That’ll be tough if universities see their income crater.
What do you think the $1.7B is supposed to cover?
They’re trying to end low tier colleges just pumping through international students to inflate their financials, and instead trying to poach all the H1-B researchers in the US that are being scared away.
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Yea, this is stupid. One of my clients is a public college, and they’re already hurting. They already cut a bunch of programs to save the rest. A new round of international student cuts is going to gut so many more that they just worked so hard to save.
Our politicians are incredibly short sighted. It’s amazing that the same budget both defunds universities and says we want to attract the “best and the brightest” to those same universities.
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The federal and provincial governments have been underfunding universities for decades. Recently, universities were able to start recruiting foreign students to make up for the shortfall, but it looks like that money tap will be turned down. It doesn’t look like there’s a plan to make up for it.
At the same time, the feds want to
recruit more than 1,000 top international researchers to Canada, with the budget injecting up to $1.7-billion into a suite of recruitment measures.
That’ll be tough if universities see their income crater.
Somehow I doubt their budgets shortfall and spending choices are only because government wont give these private for profit institutions enough free money.
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The federal and provincial governments have been underfunding universities for decades. Recently, universities were able to start recruiting foreign students to make up for the shortfall, but it looks like that money tap will be turned down. It doesn’t look like there’s a plan to make up for it.
At the same time, the feds want to
recruit more than 1,000 top international researchers to Canada, with the budget injecting up to $1.7-billion into a suite of recruitment measures.
That’ll be tough if universities see their income crater.
It’s funny that our college-like businesses are crutching on foreign students to stay afloat; and if they dry up a bit, people are pissed that they have to find a new way to keep education running as a for-profit business without the understanding that running as such is wrong.
Tax the rich. Run the schools. Go find a Viking nation and ask them how they managed since forever.
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The federal and provincial governments have been underfunding universities for decades. Recently, universities were able to start recruiting foreign students to make up for the shortfall, but it looks like that money tap will be turned down. It doesn’t look like there’s a plan to make up for it.
At the same time, the feds want to
recruit more than 1,000 top international researchers to Canada, with the budget injecting up to $1.7-billion into a suite of recruitment measures.
That’ll be tough if universities see their income crater.
It’s the perfect crime! The feds create a problem with a solution that’s under provincial jurisdiction…
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The federal and provincial governments have been underfunding universities for decades. Recently, universities were able to start recruiting foreign students to make up for the shortfall, but it looks like that money tap will be turned down. It doesn’t look like there’s a plan to make up for it.
At the same time, the feds want to
recruit more than 1,000 top international researchers to Canada, with the budget injecting up to $1.7-billion into a suite of recruitment measures.
That’ll be tough if universities see their income crater.
O boo hoo, Universities don’t need unlimited growth. So what if they make less this year than they did last year. They are not hurting, only their unrestricted growth is threatened.
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The federal and provincial governments have been underfunding universities for decades. Recently, universities were able to start recruiting foreign students to make up for the shortfall, but it looks like that money tap will be turned down. It doesn’t look like there’s a plan to make up for it.
At the same time, the feds want to
recruit more than 1,000 top international researchers to Canada, with the budget injecting up to $1.7-billion into a suite of recruitment measures.
That’ll be tough if universities see their income crater.
It’s a good thing that university funding is provincial. Maybe they should stop cutting the funding and giving it to rich people, I’m looking at you Doug Ford.
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Our politicians are incredibly short sighted. It’s amazing that the same budget both defunds universities and says we want to attract the “best and the brightest” to those same universities.
It’s annoying the only real choices are business daddy, or business daddy that’s deiniftely a bigoted racist.
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It’s the perfect crime! The feds create a problem with a solution that’s under provincial jurisdiction…
I don’t know about other provinces, but here in Ontario, the provincial government created the problem. Tuition has been frozen to 2019 levels and they reduced direct funding to universities and colleges. The “solution” was to massively ramp up international student enrollment, which came with a lot of other issues.
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It’s the perfect crime! The feds create a problem with a solution that’s under provincial jurisdiction…
A pleasant reversal from the usual situation. Like, all the regulations that sandbag against housing are municipal, which can only be overridden by the provinces.
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I don’t know about other provinces, but here in Ontario, the provincial government created the problem. Tuition has been frozen to 2019 levels and they reduced direct funding to universities and colleges. The “solution” was to massively ramp up international student enrollment, which came with a lot of other issues.
I think that’s pretty universal, and it’s been the case for decades.
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The federal and provincial governments have been underfunding universities for decades. Recently, universities were able to start recruiting foreign students to make up for the shortfall, but it looks like that money tap will be turned down. It doesn’t look like there’s a plan to make up for it.
At the same time, the feds want to
recruit more than 1,000 top international researchers to Canada, with the budget injecting up to $1.7-billion into a suite of recruitment measures.
That’ll be tough if universities see their income crater.
Most collegiate institutions in Canada have been going gangbusters for 20 years building new facilities and just generally being stupid with money, cutting down on tenured professors, loading up on administrators.
Like. Maybe some very poor decisions have been made for which there are consequences.
If they were underfunded and hurting for money then why would we do this? If they’re underfunded and hurting for money now then why would we provide it when they were so irresponsible with it?
There could be nuance to this situation i don’t understand but from my POV our higher educational institutions need to get their fucking shit together.
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It’s funny that our college-like businesses are crutching on foreign students to stay afloat; and if they dry up a bit, people are pissed that they have to find a new way to keep education running as a for-profit business without the understanding that running as such is wrong.
Tax the rich. Run the schools. Go find a Viking nation and ask them how they managed since forever.
I don’t understand why you would blame universities (calling them college-like businesses), when foreign students were the only option for increased revenue (to even just match inflation) that has been allowed in the last decade. Before that, only tuition increases were allowed, since government funding has been consistently decreasing.
I completely agree that funding for education should be through taxes, but (especially in Ontario), this is the funding that dried up a very long time ago.
Universities are non-profit organizations in Canada (we are not the U.S.) and have been advocating for increasing government funding first and foremost for a long time. Sure, universities have pivoted to fund by whatever the best alternative has been, but otherwise they wouldn’t survive.
The reliance on foreign students was never the preferred option for anyone but the government, and that was only so they could stop funding education. Now that alternative (really a last resort) is being limited by the government as well, so yeah, being pissed about it is reasonable.
Of course a much better option would be, for example, for the provincial government to provide higher government grants for every domestic student and to also provide that grant for more domestic students (most don’t realize this, but there is something called “corridor”, and universities don’t get government funding for domestic students above that government-induced number). These are provincial decisions, btw.
So yes, universities would love to take on more domestic students, and would love for the government to pay for them (and pay more for each), but that’s instead been decreasing for decades. So what’s this magic “new way” that universities are supposed to be trying instead?
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O boo hoo, Universities don’t need unlimited growth. So what if they make less this year than they did last year. They are not hurting, only their unrestricted growth is threatened.
Universities are non-profit organizations in Canada. I agree that they don’t need unlimited growth, but the consequence of not funding them is a decrease in the quality of education and the country’s ability to be at the forefront of research.
They are absolutely hurting right now, btw. One consequence of this is some (small) amount of improved efficiency, but the reality if this continues is a degradation of post-secondary education.
For example, more and more high school students will struggle to get into good programs, and then eventually, we just won’t have good programs.
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Most collegiate institutions in Canada have been going gangbusters for 20 years building new facilities and just generally being stupid with money, cutting down on tenured professors, loading up on administrators.
Like. Maybe some very poor decisions have been made for which there are consequences.
If they were underfunded and hurting for money then why would we do this? If they’re underfunded and hurting for money now then why would we provide it when they were so irresponsible with it?
There could be nuance to this situation i don’t understand but from my POV our higher educational institutions need to get their fucking shit together.
The one I have as a client has only built a new trades building and a new nursing building in the last 10 years, both for super in-demand programs. As far as I can tell they’re not overly top heavy in any way.
Maybe certain institutions were being stupid, but it’s definitely not all of them.
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It’s funny that our college-like businesses are crutching on foreign students to stay afloat; and if they dry up a bit, people are pissed that they have to find a new way to keep education running as a for-profit business without the understanding that running as such is wrong.
Tax the rich. Run the schools. Go find a Viking nation and ask them how they managed since forever.
Exporting education IS taxing the rich. The rich just happen to be from a different country. The majority of those students are paying vast sums of money to these schools to get their education, then going back home after. That money was subsidizing education for Canadian citizens.
