Alberta economist Todd Hirsch wrote a great article in the Globe and Mail this weekend that I hope every Albertan, especially Finance Minister Dr. Ted Morton reads before budget day.
If provincial governments truly believe that postsecondary education is key to competing in the global economy – and they should – then properly financing it is a no-brainer. A separate, long-term postsecondary spending account would help. It’s an investment, not general program spending. And like any good investment, it deserves to be viewed over a long-term time horizon.
At the basic level most would have to agree with Hirsch – education is an investment. Let’s hope our government sees it the same way.