Market modifiers proposed to the provincial government raises issues of affordability
Post-secondary students now have the highest amounts of debt in the history of the country, according to statistics, but institutions in Alberta may soon see a tuition increase — while critics suggest a lack of financial knowledge and accessibility are already concerns for students.
The results of the market modifiers proposal from Mount Royal University (MRU) to the provincial government were set to be released on Nov. 17, but now the release date is uncertain.
Market modifiers as defined by the University of Lethbridge Students' Union are a tuition increase directed at a specific faculty to bring costs in line with costs from competing university programs. Market modifiers were last used in Alberta in 2009-10 under Minister of Advanced Education, Doug Horner.