It now costs about $25,000 per year for kids to go to University in Canada … including cost of Tuition, Housing / Residence, Food, etc etc …
If a kid takes a 4 year Honours Degree that’s a cost of $100,000 … Masters or PHD is double.
With rising Interest rates and Inflation that number is rising quickly.
Maybe it will cost $200,000 for an undergraduate degree.
The debt on these kids will be enormous.
$200,000 * Student Loan interest at 10 % will be an extra $20,000 per year when they graduate.
Maybe only Bitcoin will be able to pay for this.
I’m not sure if anyone can afford University anymore.
More:
Tuition fees for universities vary depending on the program and school you choose. On average in Canada, university tuition costs around:
$36,100 per year for international undergraduate students (Statistics Canada, 2022)
$21,100 per year for international graduate students (Statistics Canada, 2022)
On average, living costs are around $15,000 per year for university students (Universities Canada, 2019).
Source: https://www.educanada.ca/programs-programmes/education_cost-cout_education.aspx?lang=eng#uni
The University of Toronto has the largest student population of any university in Canada.
Universities in Canada :
https://en.wikipedia.org/wiki/List_of_universities_in_Canada
That is very Expensive … but still less than 1 Bitcoin.
I don't think I can send the kids to study unless they have a full scholarship or attend a community college. There is just not enough reason to pay that much for a party.
Well… the biggest expense is now Housing and food
… Tuition is around $10,000 … Community College tuition is also going up … they just call it Inflation. … but when they Calculate overall inflation they say it’s only at 3% ??
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