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A 2017 study from Statistics Canada showed that, among men over the age of 24, the median annual pay of apprenticeship holders is $72,955 per year, which is 7% more than they would have received with a typical college diploma. Among women, the figure is $38,230, which is actually 12% less than if they had started work straight out of high school.
The study initially stated that there was "no consensus on how Grade Inflation is defined ... I will define GI as an increase in grades in one or more academic departments over time". [51] From 1988/89 to 2006/07 it was determined that there had been an 11.02% increase in undergraduate A grades, with the rate of increase being 0.656% per year. [51]
In 2023–24, the weighted average list price for annual tuition in the United States ranged from an average of $11,260 for in-state students at public four-year institutions to $41,540 for private four-year institutions. [7] Due to the high price of college tuition, about 43 percent of students reject their first choice of schools. [8]
In the 1970-71 school year, full-time faculty were paid the equivalent of $81,030 on average in 2018-19 dollars. Study: For Full-Time College Faculty, Inflation-Adjusted Salaries Up Only 9.5% ...
During the 2023-24 academic year, full-time resident students at public four-year colleges paid an average of $11,260 in tuition and fees, while non-resident students paid an average of $29,150.
When comparing college costs, don’t stop at the published tuition and fees.
A table listing total GDP (expenditure-based), share of Canadian GDP, population, and per capita GDP in 2023. For illustrative purposes, market income (total income less government transfers) [1] per capita from tax returns is included.
A 2010 report from Statistics Canada, Education Indicators in Canada: An International Perspective, indicates that 63% of Ontario's population aged 25–34 have educational attainment to at least the tertiary level as compared to the national average of 56% and the average across OECD countries of 37%. [64]