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For The Man on the Spot Ketchim: Is This True or Not?

  • mapoui
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11 Sep 2012 14:46 - 11 Sep 2012 15:25 #100503 by mapoui


who complainin'  but I have a property or 2 and I worried about lost value


I could get broke quick
Last edit: 11 Sep 2012 15:25 by mapoui.

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11 Sep 2012 14:48 #100504 by mapoui


exactly..ready to jump :shocked: :shocked: :shocked: :shocked:

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11 Sep 2012 14:50 #100505 by The Captain
you are a real estate mogul you can weather the storm


you could even pack up and go to kamla

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11 Sep 2012 14:51 #100506 by The Captain
OTTAWA — A new report suggests tuition fees are becoming less affordable for many Canadians, forcing an increasing number of students to take on heavy debt loads.
The report from the Canadian Centre for Policy Alternatives shows that since 1990, average tuition and compulsory fees for undergraduates have risen by 6.2 per cent annually — three times the rate of inflation.
It now costs, on average, $6,186 a year to study at a Canadian university, and that doesn’t include the cost of books or food or lodging.
The left-leaning think-tank adds that extrapolating from past growth and announced government intentions, that number will rise to $7,330 in four years.
The report also shows there is wide divergence in the cost of post-secondary education across the country.
It ranges from low-cost provinces such as Newfoundland and Labrador ($2,861) and Quebec ($3,278), to high-cost jurisdictions like Ontario ($7,513) and Alberta ($7,061).
In four years, tuition for undergraduates will vary from a low of $2,893 in Newfoundland to a high of $9,231 in Ontario.
For Quebec, the report shows fees would have gone up to $4,472 if the recently defeated Liberal government’s controversial proposals for increases were adopted. That would move the province from the second least expensive to third, behind Manitoba and Newfoundland.


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11 Sep 2012 14:57 #100508 by mapoui


i be broke that's what..go home broke?
nah kamla doh want mih broke!  cyar even post on the net no more. phew :shocked: :shocked:

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11 Sep 2012 14:59 #100509 by ketchim
Bill Clinton said in he speech that Students Loan :

20 year amortization :

repayments based on Salary earned after ...

Canada should do likewise  :cool:

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11 Sep 2012 15:01 #100510 by mapoui
education should be free..not a cash cow fuh banks

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11 Sep 2012 15:03 - 11 Sep 2012 15:27 #100511 by mapoui
I shud rent land and go farm!  at least I wud have some food around  :rolleyes:
Last edit: 11 Sep 2012 15:27 by mapoui.

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11 Sep 2012 15:52 #100538 by SCA
I wonder who would lend monies with the promise to get repaid if and when the graduates work a salary??? ::rofl:: ::rofl:: ::rofl::

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11 Sep 2012 16:03 #100543 by ketchim
It is a Government Guaranteed Programme. ( Taxpayers Money )

The Banks are paid to Administer.

Like high risk mortgages ...minimum 5 % own money.

The Bank advances 95 % and in the event of Default :

Canada Mortgage and Housing Corporation ( CMHC )

a Federal agency acting as an Insuring company  ( Taxpayers Money ) :

Reimburses the Bank !

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