August 20, 2013

Students Call for Post-Secondary Investments After Forecasted Surplus

Tuesday, August 20, 2013

HALIFAX–Students are calling on the Nova Scotia government to restore funding for post-secondary education after yesterday’s fiscal forecast update and the anticipated provincial surplus.

“Now that the budget has been balanced and Nova Scotia’s surplus has been confirmed, it is time for the government to hold true to the their commitments to post-secondary education,” said Nick Stark, National Executive Representative for the Canadian Federation of Students-Nova Scotia. “A reduction of tuition fees, the restoration of lost university funding, and the reduction of student debt will boost the economy and help students and their families.”

Since 2010, tuition fees have increased nine percent, while university funding has been cut by ten percent. According to Statistics Canada, average tuition fees in Nova Scotia are some of the highest in the country at $5,934. Average student debt after a four-year degree is over $31,000.

“Public investments in post-secondary education benefit not only students and our families, but also Nova Scotia’s economy as a whole” said Stark. “With increased revenues anticipated in the near future, the government should make it easier for students to acquire the skills they need to build a stronger economy.”

At its annual convention last June, the Nova Scotia NDP passed a motion committing the party to reducing tuition fees during its next mandate.

“With this surplus, the Nova Scotia NDP should honour its promise to reduce tuition fees by making it part of their platform,” said Stark.

In addition to a tuition fee reduction and the restoration of lost funding, students are calling on the Nova Scotia NDP to move $11 million from the ineffective graduate tax credit program into up-front needs-based grants for students in their election platform.

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Contact: Nicholas Stark
Tel: (902) 818-4838
Alt. tel: (902)425-4237