Ontario’s reliance on international students to fund its colleges poses serious financial risks to the postsecondary system, the province’s Auditor-General says.
International students, who make up about 30 per cent of the student body at Ontario’s 24 colleges, provide 68 per cent of all tuition revenue. Their fees alone were worth $1.7-billion last year, more than the colleges received in provincial grants. The majority of international students, 62 per cent, came from one country: India.
Cui Bono?
