I know, you Canadians are already used to 'Socialized Education' ..........
Actually, post-secondary education is not free in Canada. My daughter is entering her third year at university. Her tuition, books and room & board for the year will be about C$18,000 (US$14,000). That's actually a significant increase over the first couple of years. Tuition had been frozen for several years, but they were forced to jack it up, because the university couldn't eat the increased costs any longer.
Universities in Canada
do receive some government funding, but it covers just a fraction of expenses. There is also a program for parents to save for kids' post-secondary education, called the Registered Education Savings Plan. When you start an investment account under the plan, the federal government matches contributions by 20%. We started hers when she was born and there is enough in the account to see her through her first degree. We've told her that any post-grad degree will be on her own dime. But, she will graduate with her BA debt-free.
WRT the links I posted, are the auto industries and investment banking socialized industries?
USDA ERS - Farm Bill Spending
The Congressional Budget Office (CBO) projected the total cost of the 2018 Farm Act would be $428 billion over the 5-year period 2019-2023.
Is farming 'socialized' in the US?
While you won't find many people in Canada who will say that post-secondary education here is cheap, it really
is when compared with the US. I think university students should have some skin in the game WRT school costs (We insist that our daughter contribute some of her summer earnings), but I don't think it's right to saddle a young person with debt akin to a mortgage when they are just starting out in life.
