AMS Statement on BC Budget 2016

On February 16, Minister of Finance Mike de Jong tabled the 2016-2017 B.C. provincial budget in the Legislative Assembly. The AMS would like to express its disappointment that this budget failed to deliver a meaningful plan to address post-secondary affordability.

The AMS submission to the Select Standing Committee on Finance and Government services during the consultations for Budget 2016 outlined the main concerns and recommendations of the AMS, focusing on increasing accessibility, affordability, and quality of post-secondary education and on the need for investment in public transit. Specifically, the AMS highlighted the importance of implementing a needs-based grants system and reducing student loan interest rates. In B.C., the only province without a needs-based grants system, students are struggling to afford a post-secondary education while shouldering the highest student loan interest rate in the country.

We are disappointed to see that the government did not adopt any of the recommendations of the Select Standing Committee surrounding needs-based grants and student loan interest rates. Further, the budget did not deliver any new measures to help with post-secondary affordability and accessibility.

The AMS will continue to advocate for the provincial government to help students afford the rising costs of a post-secondary education in British Columbia.

Media Contact
Jude Crasta
Vice-President External Affairs


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