7 out of 10 B . C . post – secondary students financially unstable : survey results

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C. post-secondary students are concerned about their financial stability. **Here’s a breakdown of the key points:**

* **High costs:** The summary mentions high costs as a contributing factor to financial worries.

The rising cost of housing is a significant concern for both parents and students. It is a major factor in the rising cost of living, and it is particularly challenging for those who are already struggling financially. For example, a recent study by the Canadian Centre for Policy Alternatives found that the average rent in Vancouver has increased by 40% in the past five years.

The survey conducted by the B.C. government revealed that a significant number of students are struggling with financial difficulties. The survey found that 70% of students are facing financial challenges, with 40% of those students struggling to afford basic necessities like food and housing. The survey also highlighted the need for financial literacy and budgeting skills among students.

“We believe that the solution to the affordability crisis is not just about reducing tuition fees, but also about making post-secondary education more accessible and equitable.”

This statement reflects the growing concern over the rising cost of post-secondary education in British Columbia. The rising cost of tuition fees, living expenses, and other associated costs has created a significant financial burden on students. This has led to a decline in enrollment, particularly among low-income students and Indigenous students. This situation is not unique to British Columbia; it is a national trend. The Federation of Students (FoS) is a student-led organization that advocates for the rights and interests of students in British Columbia.

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