The graduate’s million-dollar promise
By macleans.ca - Wednesday, January 16, 2013 - 0 Comments
A university degree was once a guarantee of higher incomes. Those days are gone, argue two profs
Andrew Vaughan/CP
The message to young people is simple. If you want an extra million dollars, maybe more, just get a university degree. Your lifetime earnings will be at least that much more than those of someone with only a high school education. Or so says the Association of Universities and Colleges of Canada (AUCC), quoting the 2006 census.
The university establishment does not lack confidence on this matter. In September 2012, Paul Davidson, president of the AUCC, quoted a more impressive statistic: “While it is true that tuition has increased in recent years, so too has the value of a degree. The income premium of a university degree is large and growing. University graduates will on average earn $1.3 million more during their careers than a high school graduate and $1 million more than a college grad.” Continue…
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The best opportunity for a better future
By Joe Chidley - Thursday, November 12, 2009 at 10:00 AM - 1 Comment
Young Canadians need sound info to make informed choices about their education
Amit Chakma was born into one of the hill tribes of southeastern Bangladesh. His father, the only one of 11 siblings to go to school, wanted him to be a scholar. Today, he’s president of the University of Western Ontario.Chakma’s story is remarkable (he studied in Algeria, then earned graduate degrees in chemical engineering at UBC), but it illustrates a plain truth that applies to thousands of young Canadians, wherever they come from: a university education represents their best opportunity to secure a better future, no matter how humble their circumstances. They should be given the information to make sound choices. And that’s what this issue is all about. Continue…
