Financing of post-secondary education in Canada

Abstract

The thesis focuses on higher education as an economic good and identifies its characteristics in relation to the method of financing. The main objective is to analyze the system of financing post-secondary education in Canada. The focus of this paper is mainly evaluation of decentralization and thus participation rate of federal and provincial governments for funding. Then it looks at issue of tuition fees and financial aid for students. On the basis of the analysis are evaluated the pros and cons of the system. The last section is devoted to the current lack of funding tertiary education in Czech Republic and proposed concept of tuition fees.