More Rain on the Tuition Parade Arriving from Canada
Another cautionary tale about self sufficiency and tuition hikes in a political context today, this one from Quebec, courtesy of Inside Higher Ed. McGill decided to raise its MBA tuition from C$1700/year (clearly a subsidized rate) to C$29,500, using a self-sufficient model. [US$1.00 = C$1.02 currently.] As prior posts have noted, the UCLA Anderson School has been pursuing a self sufficiency model. But McGill’s tuition hike is huge compared to anything Anderson is considering, in part because Anderson’s tuition is already in the ballpark of where McGill wants to be. The Quebec provincial government first threatened to take away an…