Um, hello all – so this is a nagging question I’ve yet to have answered, and excuse me if I’m sounding crass here, but what the HELL is up with you all complaining your arses off with student loans??? In the U.S my cousin is literally paying $47,000 PER YEAR for four years of school, and that’s before grad school! From what I’ve heard, you guys pay like an upwards of what, 4k per year? Correct me if I’m wrong, but WTF.
Don’t get me wrong, I love you guys.
–Dino
This article appears in Jan 21-27, 2010.


$4K a year barely covers tuition alone, kiddo.
And – the American universities have to pay for those 80,000 seat football and 25,000 seat basketball arenas somehow.
You’re forgetting that Americans have more disposable income than Canadians. They’re taxed at a lower rate, so they can afford to pay off those loans much quicker.
Not all American schools cost $47,000/year. That would be a private school like Harvard or something like that. If you attend a public university, the tuition costs are much lower. For example,
UCLA – $9,151
Texas A&M – $8,176
Arizona State – $6,334
Auburn – $6,960
Boise State – $4,865
Colorado State University – $6,318
University of Florida – $4,373
So as you can see, their tuition levels aren’t that much higher than what is charged here for Canadians.
Americans also have a federal reserve printing currency like a printer in a government office.
We pay much more than plenty of other countries – why should we settle for less because the awful country next door does even worse than we do? Dumb bitch. We pay the highest tuition in Canada. I pay around $7000 a year in tuition, btw.
plus just because the tuition elsewhere is higher doesn’t mean that 4k (where is this # from… MUN??) isn’t a lot.
I’m with the bitcher. I’m sick of complainers. Every student chooses to get a loan, instead of working for a few years to save up for it if they don’t have private funds. On top of that, the fucking government is paying about 75% of the annual costs; students only see the remainder. Post-secondary education is still a priviledge. Last time I checked, we’re not in Cuba.
who cares, student loans are awesome, tuition here is relatively low, at least you aren’t a foreign student paying double or triple the tuition.
I bet when you receive your student loan you aren’t bitching too much. Just that you don’t have anything left 2 weeks into the school year right?
Iraq had free education also. Maybe that’s why America illegally invaded; there’s money to be made in edumacation.
Its all about the oil – all the oil and nothing but the oil !!!!!
Public funding of universities has hugely positive economic impacts for the larger society.
I think the people who bitch about slow and inefficient delivery of the student loans have a valid complaint.
It should be a much more professional and systematic process than it is. Yes, they need to verify the financial details and your course of study, but that should’t be too difficult.
As well, I am personally in favour of a more “tiered” kind of payback system, where you have the option to pay less in your first working years because your salary is lower, and more as you earn more.
And finally, it is very shocking to see the huge loan amounts some people are allowed to incur at a very young age, especially if they are taking a degree for the wrong reasons.
American schools have some great things to recommend them, and I know there are also scholarships to offset the costs of some of the more expensive ones, so I think it is hard to compare the two systems.
Good and bad in both countries.
While I’m pretty sure there are cheaper universities in the US, I do know a dude who went to Mt. A with me from Maine who said that his state school’s tuition was still more than the international tuition there (which is the second highest tuition in the country for an undergraduate, I might add). It worked out especially well for him when our dollar was low. From what I understood though (and I could be wrong, please correct me if I am) a degree (at that point, before the recession) could fetch you a better job in the US than it can here. It’s pretty tough to get a good career with only an undergraduate in Canada, meaning students are left with a lot of debt to pay off with little or no job prospects.
dino, it is always bloated from the stateside view of things. just as they say things are always bigger in texas, more bullshit there i guess. loans are what they are for a simple reason, to get you and to keep you in debt to your local commie government.there are only 2 sure things in life, and taxes on taxes are one of them, death being the other. just imagine this, if you owe x dollars the die, that debt is paid off. but get this now, if the government had it’s way, you would never be able to crooak, til you had paid them off. gee folks, maybe there are good reasons to have a government after all. i would support that bill being passed, who gives a shit if you owe them money, even if it took you a century or two to even pay off the interest, bring er on boys and girls. i’ll vote for it.
hog, if that were true, then where is all this oil that was sposed to be coming cheaper from there.it is/was always about a first strike nuclear capability. that and nothing else, and don’t kid yourself, there are all kinds of shit still hidden about that raid and bush’s war on terrer.
Life Sucks: Do you use 3 or 4 layers of tin foil in your hat?
n.w., i graduated to stainless steel.holds off more offending xrays and parabolic death rays too. but in truth, where is all this oil then. and check out a map of that area, how many nuclear countries surround it, with a hard on for the states. seems to me logical, that you would want a missile site right the fuck in the middle for early strike capability.
yeah, I don’t think harvard and smu are fair comparisons…
there’s nothing alike between the two.
excellent point about the lower taxes as well…
it’s quite a bit lower.