The Globe and Mail: Storm brews over universities
Canadian universities and colleges are facing a “perfect storm,” as they are battered by ailing endowments and pension funds, rising student demand and cuts in government funding, a new study warns.
Economic hardships will hit campuses across the country if provincial governments follow the pattern of past recessions and cut support to postsecondary institutions, the study predicted. At the same time, the deteriorating job market will prompt many workers to return to school, pushing up demand, especially in college and masters programs that can be completed in one or two years, it said.
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