Quebec tuition hike: Concordia says could lose up to 90% of out-of-province students
Montreal’s Concordia University is warning of “devastating financial implications” if Quebec moves forward with a plan to double tuition for out-of-province students next fall.
University president Graham Carr said in a message to the Concordia community that the new $17,000 tuition for out-of-province Canadian students will price the school out of the domestic market.
He says the university expects out-of-province undergraduate registration will decline by between 65 and 90 per cent as a result, leading to an annual revenue decline of up to $32 million in four years.
The school’s total annual revenue loss could reach $62 million in four years with the addition of a new government-imposed charge for every international student it recruits.