Comments on: Tuition to increase by 5 per cent http://www.thesheaf.com/2010/03/31/tuition-to-increase-by-5-per-cent/ Wed, 08 Feb 2012 22:51:00 +0000 hourly 1 By: Someone Else http://www.thesheaf.com/2010/03/31/tuition-to-increase-by-5-per-cent/#comment-1919 Someone Else Mon, 05 Apr 2010 17:33:33 +0000 http://thesheaf.com/?p=3681#comment-1919 I wonder if there is something wrong with the model being used? The cost to the University of providing services increases by 5 per cent per year. That means, they need to see at a minimum a 5 per cent increase in revenue sources in order to maintain services at the level they currently exist. If GDP increases somewhere between 2-3 percent per year, then government revenues should also increase by that amount, give or take a little bit. This means that if the government continually increases funding to the University by, let's say, 5per cent per year, then University funding will slowly represent more and more of the Provincial budget. This also means, if the government would provide a 5 per cent increase, the University would need to increase tuition by 5 per cent to meet its operating requirement; if they wanted to maintain services. The questions students need to ask is "would I prefer a tuition increase? or service cut? if the current model continues. How does the current model need to change? I wonder if there is something wrong with the model being used?

The cost to the University of providing services increases by 5 per cent per year. That means, they need to see at a minimum a 5 per cent increase in revenue sources in order to maintain services at the level they currently exist.

If GDP increases somewhere between 2-3 percent per year, then government revenues should also increase by that amount, give or take a little bit. This means that if the government continually increases funding to the University by, let's say, 5per cent per year, then University funding will slowly represent more and more of the Provincial budget.

This also means, if the government would provide a 5 per cent increase, the University would need to increase tuition by 5 per cent to meet its operating requirement; if they wanted to maintain services.

The questions students need to ask is "would I prefer a tuition increase? or service cut? if the current model continues.

How does the current model need to change?

]]> By: Frustrated http://www.thesheaf.com/2010/03/31/tuition-to-increase-by-5-per-cent/#comment-1876 Frustrated Fri, 02 Apr 2010 01:41:23 +0000 http://thesheaf.com/?p=3681#comment-1876 I agree with "Whocares". The cost of university is already ridiculous, and then you get to add in hundreds of dollars worth of textbooks a semester, etc. It's no wonder I know so many people who choose not to go to University simply because they can't afford it. I agree with "Whocares". The cost of university is already ridiculous, and then you get to add in hundreds of dollars worth of textbooks a semester, etc. It's no wonder I know so many people who choose not to go to University simply because they can't afford it.

]]> By: Whocares. http://www.thesheaf.com/2010/03/31/tuition-to-increase-by-5-per-cent/#comment-1875 Whocares. Thu, 01 Apr 2010 18:53:50 +0000 http://thesheaf.com/?p=3681#comment-1875 This is absolutely ridiculous. Something needs to be done. The cost of university is way too high. With so much money coming in, you'd think there would be some sort of compromise agreed upon. This is absolutely ridiculous. Something needs to be done. The cost of university is way too high. With so much money coming in, you'd think there would be some sort of compromise agreed upon.

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