University graduates seem to be getting a lower return on investment post-graduation, according to a recent report.
The rising cost of tuition in Canada has outpaced median income growth for post-secondary graduates five years after they completed an undergraduate university degree, reports the Royal Bank of Canada (RBC).
After adjusting for inflation, tuition rose 12 per cent between 2012 and 2017 for all undergraduate studies. Meanwhile, the median income for graduates rose just four per cent in the same period, RBC notes.
