Ontario lifts tuition freeze, unveils OSAP reforms as it boosts university and college funding. Here’s what it will mean for schools and students

Partially correcting a problem that they created and was forced by federal government correctly cutting back on the excessive growth in international students, particularly in colleges:

Colleges and universities are getting more funding — an additional $6.4 billion over the next four years — and will be able to charge students slightly higher tuition rates, as the province’s longstanding fee freeze comes to an end. 

The government’s Thursday announcement was based on months of consultations and warnings from the post-secondary sector that stagnant funding from the province — combined with the seven-year ban on tuition hikes and massive cuts to international students imposed by Ottawa — left them on the financial brink.

Schools will now be able to raise fees by two per cent each year for the next three years, with future increases tied to inflation or two per cent, whichever is less. That means university students will pay roughly $170 more a year and college students $66 — which, combined with a move away from non-repayable student aid grants, has critics raising concerns about affordability. …

Source: Ontario lifts tuition freeze, unveils OSAP reforms as it boosts university and college funding. Here’s what it will mean for schools and students

Good commentary by Regg Cohn:

…Belatedly — better late than never — Ford’s Progressive Conservative government is stepping up to shore up postsecondary education. On Thursday it announced a $6.4-billion cash infusion over the next four years to make up for the last seven years of cuts, freezes and shortfalls since Ford took power.

Back in 2019, the premier played Santa Claus by imposing a 10-per-cent tuition cut, but then played Scrooge by freezing those rates in place without making up for the lost cash flow. Instead, the government urged postsecondary institutions to recruit and rely on high-paying foreign students to shore up their balance sheets, which stoked immigration imbalances that ultimately forced Ottawa to scale back student visas.

Those political and fiscal miscalculations created a perfect storm in postsecondary education: Funding shortfalls; tuition cuts frozen in time despite an inflationary spiral; and the sudden loss of foreign windfalls that kept campuses afloat.

None of it added up, least of all the tuition freeze enacted by a populist premier who wouldn’t pony up his share of the funding pie.

Regg Cohn | Doug Ford has learned a hard lesson after starving Ontario’s colleges and universities