DEBT FINANCING. University education is increasing on average 4.3%.

The average tuition at the Canadian universities rose nearly 40 percent above the rate of inflation, by 4.3 percent for full-time students in Bachelor's programs this year, Statistics Canada reported Friday.
The average tuition was $5,366 for the academic year 2011 / 2012, compared with $5.146 a year earlier, and that was a
4.0 Percent increase from 2009 / 10.
From July 2010 to the same month last year, the consumer price index was 2.7 per cent.
Tuition increased in all provinces except Newfoundland and Labrador, where they have frozen since 2003 / 2004.
New Brunswick and Nova Scotia had frozen the tuition for the last three years.
3.7 Percent the cost of the diploma degrees rose to a national average of $5.599. diploma instruction was in every province except Newfoundland and Labrador, with a range from 0.1% in Alberta to 5.5 percent in Ontario.
Students in Ontario paid the highest average fees at $7.578, followed by students in Nova Scotia, who paid an average of $7.326 and British Columbia at $7.303.
The most expensive degrees were the executive master of business administration at the $37.501 and the regular MBA program, at $21.528.
Fees of $16.024 paid the highest average bachelor students in dentistry, followed by students in medical $11.345 and $9.806.
4.3% More paid international students at a national average of $17.571, a 5.2 percent in the year before with Ontario recorded the largest increase to 6.1 percent.
Additional mandatory charges for Canadian students increased 5.5%, a national average of $820.
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