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The Liberal Party Case Analysis

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Political Issues:

1. To solve the rising costs of post-secondary education, the Liberals suggest the solution is to make education more affordable and student loans more manageable. For young Canadians striving to contribute to the economy one day, the biggest problem is the out-of-reach prices for higher education. Families, especially in the lower and middle class are struggling to save for their children’s education fees for years. Many lower-income families may not provide any support and their children must bear with the weight of hectic student loans. On one hand, there are the worries of families; however on the other the federal government offer no direct help for students with non-refundable tax credits, costing billions each year. To solve this, the Liberal Party will provide direct help and change the maximum Canada Student Grant for low-income students. Full time students will have an increase to $3,000 per year and part-time students will have an increase to $1,800. …show more content…

By abandoning the tax credit for textbooks and poor education, this project could be put forward using the funds. This investment will be funded by cancelling the poorly targeted education and textbook tax credits. By also maintaining the tax credit for tuition, making flexible student loans and repayment requirements, students of all income background could get an education. For repayment requirements, the government will pay for student loans until the minimum income of $25,000 is earned.

Also, the party will ensure that all provinces and territories make some investments to students. If the Canada Learning Bonds or RESPs are promoted, families will have an easier registration. An additional $50 million will be added for the Post-Secondary Student Support Program to allow Aboriginal and Indigenous people to get funds for post-secondary

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