We purchased a registered education plan for my daughter before she was one year old. However with constant increases in the cost of post- secondary education in Alberta, I am now just hoping that she will be able to afford to go to college or university even with the fund.
http://www.cbc.ca/canada/calgary/story/2010/04/07/edmonton-calgary-tuition-increases.html?ref=rss
It's really becoming a big gamble for young people to lay down tens of thousands of dollars in hopes that they will get a job in the end to help them climb out of debt.
I wonder why some countries are able to offer free post-secondary education. It seems ideal to have a system which educates the brightest and not the richest students. Although a little out of date, this article still makes some interesting comparisons of the cost of education in different countries.
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