StatsCan analysis highlights impact of inflation on postsecondary students

Statistics Canada has published the findings of the Tuition and Living Accommodation Costs survey, which highlight the impact of inflation on full-time students. StatsCan reports that inflationary pressure has had a particular impact on the purchasing power of postsecondary students, whose main spending is focused on tuition, rent, and food. The cost of groceries increased by 9.7% between April 2021 and April 2022, while rent increased by over 4% in the most populous provinces. The study found significant differences in tuition fees by level and field of study, and noted that the tuition fee gap between domestic and international students has continued to widen with international undergraduate students now paying 429% more than their domestic counterparts. StatsCan Note: Archived stories may contain dead links or be missing source links.

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