Essay On Affordability Of Higher Education

“Accepted”, a word every high school graduate is scanning for in their letters, unknowing they should be scanning for a job ad while they are at it. As increasing university fees will leave them broke before it leaves them with an education. The affordability of higher education is increasingly becoming a problem for students financially, and mentally, as it impedes their opportunity to advance their educational, and financial situation, attesting to the fact university education should be free.
The burden of fees and loans is indubitably financially overwhelming for students, and their families. As Jeff Lagerquist of Financial Post wrote “The average university student leaves campus with close to $28,000 in debt, and takes an average of 14 years to pay it off based on an average starting salary of $39,523” (Student debt: Average payback takes 14 years). How are students supposed to pay for university? They have little to no source of income while in school, and some come from low income families. Thus, it is unfair to assume they will be able to do so, considering students are digging themselves a financial grave, in which they are spending 1/6 of their life to climb …show more content…
For the reason, Canadian students will have the freedom to pursue various educational paths, without having the financial and mental burden of university expenses. Moreover, they will be able to attend regardless of their financial situation, and leave with an education which can propel their financial situation. Hopefully this dream becomes realized before I start looking for my piggy bank. But, should I be paying for education? If so, does it not make universities a privilege for the rich, rather than a right for all? I think