This letter to the editor was posted on the Windsor Star website on August 14, 2012.
By Christine Tausig Ford
Vice-president and Chief Operating Officer
Association of Universities and Colleges of Canada
In his column, Don Cayo argues that there is a low level of interest in university education.
Last year, a record number of students enrolled in Canada’s universities – more than one million. Full-time enrolment grew by 50 per cent since 2000.
Students are voting with their feet. They know that more jobs than ever require university degrees.
Between July 2008 and last month in what everyone will agree were tough economic conditions, more than 700,000 net new jobs were created for university graduates. This compares to a net loss of 600,000 jobs for those with only a high school diploma.
Moreover, university graduates earn on average $1.3 million more than those with only a high school diploma and $1 million more than college grads.
Mr. Cayo also misleadingly states that the average debt load for university graduates is nearly $27,000. This figure applies only to those students who graduate with debt.
In fact, four out of 10 Canadian students actually graduate university debt-free. Canadians know that they are getting great value and even greater opportunities from their university degrees.