This study is one part of a two-part inquiry into subsidies for post-secondary education in Canada. Governments in Canada spend over $4 billion each year in transfers to individuals for the purpose of post-secondary education. Roughly half of this money goes out in need-based loans and grants, while the other half goes in "universal"…

This study is one part of a two-part inquiry into subsidies for post-secondary education in Canada. Based on a combination of administrative and survey data, the study estimates the distribution of student loans and grants by family income quartile. The estimates suggest that roughly 40 percent of all loans and grants go to students from families…