Fahim Rahman, president of the University of Alberta’s Students’ Union, said it’s troubling that so many students are concerned enough about covering their tuition, books and other expenses that they have to find wealthy benefactors willing to pay for their schooling, usually with the expectation of sexual relationships.
“I’m not surprised more students are signing up,” he said.
Based on the latest figures, the percentage of students with loan debt is greater than those employed in a full-time job with their degree.
The average tuition prices at four-year universities rose three percent, and are up more than forty percent over the previous decade.
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While college completion rates in Canada rank among the best in the world, it also ranks fifth as the most expensive country for students.
Seeking a wealthy benefactor is a great way to offset this cost.
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