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Former members of the Laurentian board of governors say a series of unpredictable events created a “perfect storm” that drove the university deeper into debt.
In a letter sent to Shelley Tapp, deputy minister of colleges and universities, the members point to the 2017 withdrawal of Saudi students over a foreign policy dispute as the first unforeseen setback.
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Each of these 137 students, they note, paid up to $36,000 in tuition.
Two years later, the province cut domestic tuition, freezing it in 2020.
“Instead of domestic tuition going up by, say, six per cent over the last two years as would normally occur, it went down by 10 per cent,” the letter states. “That’s a gap of 16 per cent in only two years.”
Article content
Former members of the Laurentian board of governors say a series of unpredictable events created a “perfect storm” that drove the university deeper into debt.
In a letter sent to Shelley Tapp, deputy minister of colleges and universities, the members point to the 2017 withdrawal of Saudi students over a foreign policy dispute as the first unforeseen setback.
We apologize, but this video has failed to load.
Try refreshing your browser.
Each of these 137 students, they note, paid up to $36,000 in tuition.
Two years later, the province cut domestic tuition, freezing it in 2020.
“Instead of domestic tuition going up by, say, six per cent over the last two years as would normally occur, it went down by 10 per cent,” the letter states. “That’s a gap of 16 per cent in only two years.”