miércoles, 29 de abril de 2015

Education in Canada

There has been a lot of discussion about the cost of the education, the burden of the student debt and the salaries after graduation, so I decided to make some graphs and analysis.

This first graph is the average cost of tuition fees per year in Canada:


As we can see the cheapest provinces are Newfounland and Labrador and Quebec (so why are some Quebec students protesting about the fees?)

Here are the average Canadian annual salaries for the top 25 bachelor degree programs.
Here are the 25 top diploma deegrees in Canada.

Even if having a diploma degree pay less than having a diploma degree, it seems that it is still very profitable to get them.

Here is a comparison graphic between the average education cost in Canada, versus the Average salary in the 3 main education areas, a bachelor degree, a Diploma and a Trade, it is clear that some trades pay better than some diplomas, but at every level it seems that the rewards are very high almost 10 times more the earnings per year versus the cost

Sources:
http://www.macleans.ca/interactive-how-canadian-tuition-fees-have-changed-in-the-last-5-years-by-province/

http://www.jobbank.gc.ca/hot_fields-eng.do?cat=S&ed=LOS03

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