Global Tuition Outpaced by Inflation
Topic : Education News
Amid reports of Ontario’s seventh consecutive tuition hike, and the never-ending student protests in QuebecÂ regarding school fees, it’s worth noting that university tuition fees rose around the world by 2.58% in 2011. According to a newÂ global tuition fee index, however, since this came at a time ofÂ significant inflation in many parts of the worldÂ the global tuition index actually fell by 1.76%.
âIn the United States and South Africa, tuition increased by more than five percent over andÂ above inflation,â Alex Usher, co-author of 2011 Year in Review: Global Changes in TuitionÂ Fee Policies and Student AssistanceÂ (he’s also the president of Higher Education Strategy AssociatesÂ (HESA)), said in a press release. âIn Pakistan, China, Hong Kong, Russia and Turkey, tuition decreased by five percent,Â over and above inflation,” he said.
Aside from tracking tuition fee trends, the report also looked at student aid and indicated thatÂ aid increased significantly in Chile, Colombia,Â Singapore, South Africa, Indonesia and Nigeria. Taking these two metrics together (tiotion and aid), the report showed that while education affordability increased in places likeÂ Colombia, France, Germany, Sweden and SaudiÂ Arabia, it decreased in the U.S., the Philippines, Spain and Canada (let’s make sure not to show this to any striking students in Quebec, they may literally never stop protesting), among others. Shifts in affordability, by the way, refer to tuition increases that are not offset by student aid increases.
Ultimately, the report states that tuition trends are “volatile” around the world, and it fully expects thisÂ volatilityÂ to continue well into 2012. If you’ve been in Downtown Montreal lately, it’s hard to argue with that.
What do you think about these findings?