1. Students are not ready for university.
or someone who considers herself a responsible and mature person, Natalie Czerwinski is coping a lot worse than she thought she would during her first month of university.
"It's a lot harder than I thought it would be," said the 17-year-old English student at the University of Toronto. "High schools don't prepare you very well for lectures 'cause they really spoon feed you'."
"They speak very slowly and put everything on the board, and you copy it down and you know exactly what they want you to know, whereas here it's a lecture, and for an hour a guy's talking and you're like, 'Oh my I don't know what to write'."
2. Average student debt.
$27,000 for Canadian and American students
The Canadian Federation of Students says the average graduate hits the workforce with a debt load of $27,000.
According to Forbes, by 2012 the average U.S. student loan debt climbed to $27,253–a 58% increase in just seven years.
Looking for more information on the student debt crisis in Canada? Go to economicsINC.
3. The real costs.
Cost for students living at home.
$7,219 to $13,034.69 per year
Tuition fees are not the only expenses incurred by post-secondary students. According to the TD Bank, costs related solely to education for one year of an undergraduate program totalled $7,219 in 2008–2009. These costs consist primarily of tuition fees, but also include additional mandatory university fees, books and school supplies, and the purchase of a computer. However, when costs not directly related to education (for example, transportation, clothing and food) are factored into the calculation, the average cost for a student living at home is $13,034.69.
Cost for students who do not live at home.
$19,558.71 per year
The TD Bank report estimates that the annual cost of pursuing an undergraduate degree for students living away from home was $19,588.71.
Open the Door: Reducing Barriers to Post-Secondary Education in Canada, Standing Senate Committee on Social Affairs, Science and Technology, by Ogilvie and Eggleton, December 2011.
4. Average time spent studying.
Less than 6 hours per week.
“Today’s college freshmen continue to be academically disengaged…students spend less time studying and doing homework, with only 34.9 per cent of entering students reporting studying or working on assignments for six or more hours per week."
Ivory Tower Blues: A University System in Crisis. James E. Cote, Anton L. Allahar, University of Toronto Press.
5. Drop-out rates.
1 in every 3 students either drops out or fails to graduate after six years of study!
According to a 2009 Statistics Canada report (Youth in Transition Survey) the drop out rate for students attending post-secondary education institutions is 21% with an additional 12% who have insufficient grades to allow them to graduate after six years of study.