By the News Team
The Ontario government may be cutting tuition fees for domestic university and college students by 10 per cent, according to a report from the Canadian Press.
The cut would be implemented for the 2019-20 school year and tuition fees would remain frozen for the next year.
Currently, the tuition fee increase is capped at a 3 per cent annual increase. However, after the framework expires this year, tuition would decrease by 10 per cent.
A spokesperson for the minister of training, colleges and universities said to The Eye that she had “nothing to comment on at this time.”
Ryerson University’s domestic tuition rate for the 2018-19 year ranges from $7,639 to $12,241, according to the university’s website.
The average arts and science undergraduate student at university would be saving about $660, while a college student would save around $340, according to the report.
Tuition for international students would not be included in the plan.
If a university does not comply with the government’s framework, they risk losing core operating grants.
More to come.