Despite complaints from the academic community about “under funding” of Canadian universities, Canada continues to outspend the 29 OECD countries as a percent of GDP.
In fact, Canadian universities are producing more graduates than ever before.
Nevertheless, there are still very high attrition rates in many universities.
To improve the performances of universities, three policy changes are recommended.
First, universities must use standardized literacy and numeracy tests as part of their admission requirements.
Second, students should not pay high tuition fees for learning remedial skills. Thus, fees for many first year courses should be lower than fees for second and third year courses.
Finally, provincial governments should use incentive-based grants so that more money goes to universities that graduate higher percentages of the students they enrol in first year.
View 5 page backgrounder in pdf format – What can be Done About the “Under-Funding” of Canadian Universities?