First Year University Expenses in Canada
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Re: First Year University Expenses in Canada
#2It's so strange to see that tuition has increased >50% since I graduated from CS in 2007. Even if CS and Engineering charge different rates, I didn't expect that much of a difference or how much it outpaced inflation.
It's a shame Waterloo is falling into the US model of paying expensive tuition for fancy new buildings.
Re: First Year University Expenses in Canada
#3It's so strange to see that tuition has increased >50% since I graduated from CS in 2007. Even if CS and Engineering charge different rates, I didn't expect that much of a difference or how much it outpaced inflation. It's a shame Waterloo is falling into the US model of paying expensive tuition for fancy new buildings.
International tuition is even more insane than domestic. This past year, international fees raised by 9%! The year before, it raised by only 4%.
Re: First Year University Expenses in Canada
#4"$50 a month on entertainment" < your not spending enough time at The Bomber :)
Re: First Year University Expenses in Canada
#5Interesting that they pay a co-op fee in first year.
I only had to pay co-op fees for the semesters before I actually went on a co-op term; and the first co-op term wasn't until after second year.
Although it wasn't a huge part of the overall cost, $500+ is still a significant amount of money for a first year student.
I went to Dalhousie University
Re: First Year University Expenses in Canada
#6It's so strange to see that tuition has increased >50% since I graduated from CS in 2007. Even if CS and Engineering charge different rates, I didn't expect that much of a difference or how much it outpaced inflation. It's a shame Waterloo is falling into the US model of paying expensive tuition for fancy new buildings.
International tuition is even more insane than domestic. This past year, international fees raised by 9%! The year before, it raised by only 4%.
Ya, I remember them being in the neighbourhood of $10k when I went and I thought that was expensive.
Re: First Year University Expenses in Canada
#7"$50 a month on entertainment" < your not spending enough time at The Bomber :)
I may or may not be old enough to enter the Bomber. :3
Re: First Year University Expenses in Canada
#8Interesting that they pay a co-op fee in first year. I only had to pay co-op fees for the semesters before I actually went on a co-op term; and the first co-op term wasn't until after second year. Although it wasn't a huge part of the overall cost, $500+ is still a significant amount of money for a first year student. I went to Dalhousie University
You actually have to pay all 8 terms of school, even if you only take 6 co-op terms. Also, the co-op fee increases every year as well.
Re: First Year University Expenses in Canada
#9When I went to U of T, my tuition started at around $1900, and ended at $2500/year in my final year, all of which was covered by my scholarship. In addition, residence at New College was about $6000/year including meal plan. So you could pay for your entire year's tuition, or a huge chunk of it, by working a minimum wage job (I think that was ~$6/hr at the time). If you lucked out and got a decent $9/hr job, then you were living on easy street.
My parents weren't rich enough to pay for more than the residence costs, so I needed to get a part time job in order to do anything outside of school. It was just enough so that I could go out every now and then or buy a CD. But I left school with zero debt.
The idea that kids today leave school with 6 figure debts is crazy to me. Being disadvantaged with such a huge debt load means they can't afford to take risks, which is something that young people should be able to do. It's at the point where it might not be worth it to pay for that top school education if it means becoming and indentured servant to your debt.
Re: First Year University Expenses in Canada
#10When I went to U of T, my tuition started at around $1900, and ended at $2500/year in my final year, all of which was covered by my scholarship. In addition, residence at New College was about $6000/year including meal plan. So you could pay for your entire year's tuition, or a huge chunk of it, by working a minimum wage job (I think that was ~$6/hr at the time). If you lucked out and got a decent $9/hr job, then you…
I agree, it's really unfair. I've had countless friends who ha d to stay local, since they couldn't afford dishing an additional $10k in living expenses elsewhere.