Statistics Canada Just Revealed Which Province Is Paying The Most For University Tuition
There is such a big difference Canada-wide!
A new report from Statistics Canada has revealed that university students in some provinces are paying considerably more than others in tuition fees for the 2019/2020 academic year. In fact, for undergraduate students in Ontario, tuition fees have decreased by a whopping 9.9 per cent this year, while the same fees for Yukon have actually seen an increase of up to 8.5 per cent. Despite the considerable price fluctuation, the cheapest place to be a student in Canada is not necessarily where you might think.
In a new report released today, Statistics Canada published the range of tuition fees that are being paid by university students across the country. While fees for undergraduate and graduate students in Ontario have declined by 9.9 and 9.1 per cent respectively, university fees for students across the rest of the country have either increased, or remained the same. While this would appear to suggest that Ontario would have the cheapest overall fees Canada-wide, this is not actually the case at all, with Ontario being one of the most expensive for tuiton.
The two provinces that have suffered the most considerable increases in tuition fees this year are Yukon and New Brunswick. For undergraduates in these provinces, fees have increased by a considerable 8.5 per cent and 7.3 per cent respectively. Despite this, Yukon remains one of the cheapest places to be in university in Canada, with fees for business-related courses averaging at around $3,810 per year.
Over in New Brunswick, the increase in tuition fees for the 2019/2020 year has actually made the province one of the most expensive places to go to university in Canada, with fees for similar business courses costing an average of $7,805! Ouch!
Across Canada, it was only Alberta that saw no change to their 2018/2019 tuition fees for undergraduate students. The rest of the country, aside from Ontario, experienced an increase in annual fees, with most seeing an increase of at least 2 per cent.
Despite Ontario being the only province to have a decrease in fees of almost 10 per cent, it is still one of the most expensive provinces to go to university in. In fact, for students taking a business course or similar, the average annual cost is a whopping $9,503.
The cheapest place to study a similar course would be in Newfoundland and Labrador, where it would cost an average of just $2,759 per year. This means that business students in Ontario are paying a staggering $6,744 more per year for a similar course! Yikes!
While it is certainly not cheap to go to university anywhere, the new report shows how significant the differences are between certain provinces and their tuition fees. While the average cost for a business-related degree seems to sit somewhere between $5,000 and $6,000 per year, this can vary dramatically.
For the students over in Ontario who are paying more than $9.5K for the same thing, here’s hoping that fee will continue to decrease in the coming years!