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The number of international students enrolled in Canadian universities increased 10 percent this year: a trend that enriches the learning experience for Canadian students, builds global links for Canada and generates economic activity in communities across the country. Value of a Degree in a Global Marketplace shows that international student enrolment in Canada’s universities has risen for the 15th year in a row.
The Value of a Degree in Canada’s labour market
The latest university enrolment figures show overall enrolment is up almost four percent – 32,000 more, full-time students registered this fall than in 2009. At every level and in every region of the country, more young people are heading to university. Canada now has 898,000 full-time university students. The increased demand is a direct response to the shift in Canada’s labour market from a resource-based economy to a knowledge-based economy.
A university degree can ensure Aboriginal Canadians earn higher incomes – approximately 50 percent more over a lifetime than Aboriginal high-school graduates. Aboriginal Canadians with a university degree also experience fewer and shorter periods of unemployment, and have significantly better health outcomes.
What’s a university degree really worth? More than you think, and the payback is greater than just money.
A university graduate will earn $1.3 million more over his or her lifetime than someone who has not gone beyond high school. University graduates earn $1 million more than community college graduates.