C. students are concerned about their financial stability. 70% of students are concerned about their financial stability. **Here’s a breakdown of the key points:**
* **High costs and financial illiteracy:** The summary highlights the rising concerns about financial stability among B.C.’s post-secondary students.
The rising cost of housing is a major concern for both parents and students. It is a significant factor in the financial burden they face, particularly in areas like Vancouver, Victoria, and Kelowna. The high demand for housing in these cities, coupled with limited supply, has driven up prices, making it difficult for both parents and students to afford housing. For parents, the rising cost of housing can be particularly challenging.
The survey, conducted by the B.C. government, revealed that 70% of post-secondary students in British Columbia are struggling financially. This is a significant increase from the previous year, highlighting a growing financial crisis among students.
The federation argues that the current system is unsustainable and needs to be reformed. The current system is characterized by high tuition fees, limited access to financial aid, and a lack of support for students facing financial hardship. These factors contribute to a significant gap between the cost of education and the ability of students to afford it.