Tax credit won’t work; students disappointed with budget

The Alliance of Nova Scotia Student Associations

Suite 233, 1657 Barrington St. Halifax, NS B3J 2A1. (902) 422-4068 ____________________________________________________________________________________

Tax credit won’t work; students disappointed with budget

(Halifax) – Students in Nova Scotia are disappointed in a government budget that promises a graduate retention tax credit that won’t retain graduates or help students struggling with the cost of education. A spokesperson from the Alliance of Nova Scotia Student Associations suggests the money would be better spent in tuition reductions and access initiatives to help students who can’t afford the cost of education today.

Recent results from the National Graduate Survey suggest that the 100 Million dollars spent on similar retention tax credits by governments in Manitoba and New Brunswick have had no effect on increasing or decreasing the likelihood of graduates to stay in those provinces after graduation.

“If our government is serious about retaining graduates, they should focus on shaping and strengthening the knowledge economy that will both stimulate economic development and innovation within Nova Scotia, and also attract and retain young workers,” said Mark Coffin, Executive Director of the Alliance of Nova Scotia Student Associations.

“This tax credit will reward students at the wrong end of a degree that too many cannot afford to begin with,” added Coffin. “Our government needs to increase university funding, develop a stronger tuition reduction plan and implement programs that will guarantee access to those who are facing barriers at the front end of our university system.”

- 30 -

For more information or to speak to a student from one of our member schools please contact:

Mark Coffin Executive Director,

Tel: 902.422.4068 Email: ed@anssa.ca

The Alliance of Nova Scotia Student Associations (ANSSA) is a not-for-profit, non-partisan lobby group representing the interests of over 80% of Nova Scotian students. We are over 35,000 students at Cape Breton, Saint Mary’s, Dalhousie, Acadia and St. Francis Xavier Universities.

Posted by ANSSAComm as a Press Release item.

Leave a Reply

YouTube Facebook rss twitter