Economic Recessions seems to have positive impact on the Universities in Canada. The Association of Universities and Colleges in Canada (AUCC) said as of September, there were 870,000 full-time students enrolled in universities. Of them, 733,500 were in undergraduate programs and 136,500 in graduate programs, representing a respective gain of 29,000 and 9,000 students over last year. This represents a 4.1 percent growth in undergraduate programs and a 7.2 percent increase in graduate programs.
“There is no question this is a reflection of what is going on in the economy,” says association spokesman Herb O’Heron . “It is really a strong response to the shifts in demands that are taking place. Part of it is the economy and part of it is the increasing value of a degree.”
In the last 12 months there have been more than 60,000 new jobs or university graduates, while there were 390,000 fewer jobs for those without higher education, the association said.
