Saturday, August 29, 2015

Solving the Student LOAN and Health Care Cost crisis

Solving the Student LOAN and Health Care Cost crisis

Investing to meet future demand for Health Care Professionals.

Utilize the statistical planning ability of Stats Canada to estimate the future demand for heath care professionals.

Offer students full Post Secondary education loan/scholarship to the required Heath Care Professionals.

Unlike conventional student loans, student loan/scholarships will be forgiven if the student works a few years in Canada.  The number of years in Canada 3yr, 5yr, 7yr will of course depend on the education investment and the relative health care demand of the area served. Graduates serving higher demand areas will have their loan/scholarship forgiven in a shorter time. Of course students have the option of converting the full cost of their education tuition, living expenses and Provincial/Federal University funding into a loan, if they wish to leave instead of working a few years in Canada.

This works as shown by Singapore.